Inflation is 'close to peaking,' according to Economist Mark Zandi

#inflation #stocks #investing
Moody’s Analytics Chief Economist Mark Zandi joins Yahoo Finance Live to discuss how the pandemic affected the global supply chain, causing inflation and higher prices.
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Bitcoin current price is $55,023.00 0.56% (24hrs)

Bitcoin is the first decentralized cryptocoin ever built on top of a blockchain. The cryptocurrency was invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto. The currency began use in 2009 when its implementation was released as open-source software.

The entire cryptocurrency market — now worth more than $300 billion — is based on the idea realized by Bitcoin: money that can be sent and received by anyone, anywhere in the world without reliance on trusted intermediaries, such as banks and financial services companies.

The price of Bitcoin right now is $55,023.00. Its price is ↑ 0.56% up in the last 24 hours.
Current Price All Time High Market Cap
$55,023.00 $69,045.00 $1,039,918,638,236.00

Bitcoin Price Changes :

Last 24 Hours Last 7 Days Last 30 Days Last 1 Year
↑ 0.56% ↓ -5.88% ↓ -6.17% ↑ 221.06%

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About the Author: Jeff Clauson

6 Comments

  1. Why does a $1.75 Trillion infrastructure spending bill cause tremendous inflation, but an $8 Trillion appropriation for the military over the same time period doesn't cause any inflation?

  2. LOL – you talking heads keep saying sh*t like that, yet prices keep rising. Maybe it's because they keep printing more and more money (the real cause of inflation) and aren't listening to any of the real economists in the world saying that they are causing the inflation by spending too much money. They'll fix it by spending even more money?! That's just plain crazy and everyone sees it too.

  3. Trying to maintain consistent full employeement chronically is like searching for an unicorn. It's merely an excuse for politicians to manipulate the monetary system for their own political gains.

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