This is nuts. The highest CPI increase in a one year period for nearly 40 years.

The all items index rose 7.0 percent for the 12 months ending December, the largest 12-month increase since the period ending June 1982.

The government has put itself in a huge bind.

Yeah, I wouldn't be surprised to see price control discussions ramp up in 2022, seems like the next best band-aid for the government to slow inflation.

It's by no means a good long-term solution, but neither was all this money-printing.

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