BREAKDOWN: The Highest Inflation Since 1982
What the CPI print means for Fed policy, the economy as a whole and bitcoin.
This episode is sponsored by NYDIG.
November inflation came in at 6.8%, the highest in 39 years. In this episode, NLW looks at:
- The state of the inflation discussion following October
- Why the Biden administration tried to reframe expectations leading into Friday’s announcement
- Why CEOs are selling their stock
- Why bitcoin is going down after high inflation
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: Jeffrey Coolidge/Stone/Getty Images, modified by CoinDesk.