Walmart’s CFO, in conveying the retailer’s Q1 report, made it crystal clear that Walmart, albeit reluctantly, will be raising a lot of prices and will start doing so quickly
It’s unclear how this will all play out. One thing is clear, though – monetary inflation isn’t going anywhere, and where there is monetary inflation, price inflation will likely follow.
In the latest survey, 23% of the respondents chose gold as the best long-term investment, up 5 from last year. In 2011 at the height of money creation by the Fed, 34% of Americans polled chose gold as the top asset.
