BREAKDOWN: Inflation Nation – US Sees Highest Price Increase in 31 Years
What it means for markets, the Federal Reserve and bitcoin.
This episode is sponsored by NYDIG.
New statistics show a 6.2% rise in the consumer price index (CPI) year over year for October. On today’s episode, NLW breaks down the news, discussing:
- How the 2020 inflation debate set up the current bitcoin bull run
- The debate around “transitory” inflation in 2021
- How the inflation debate is impacting U.S. politics
- Why bitcoin is achieving new all-time highs
NYDIG, the institutional-grade platform for bitcoin, is making it possible for thousands of banks who have trusted relationships with hundreds of millions of customers, to offer Bitcoin. Learn more at NYDIG.com/NLW.
“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor is “Dark Crazed Cap” by Isaac Joel. Image credit: sbayram/E+/Getty Images, modified by CoinDesk.