The Breakdown With NLW Episode

If Prices Keep Going Up, We Might Have to Start Calling It Inflation

Every day sees new reports of prices going up – from commodities to plastic to fruit. Are we ready to use the “I” word?

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ABOUT

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Every day sees new reports of prices going up – from commodities to plastic to fruit. Are we ready to use the “I” word?

This episode is sponsored by Nexo.io and Bitstamp.

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Today on the Brief:

  • Elon Musk saves an SNL flop with a dogecoin satellite
  • Growing interest in Ethereum
  • UBS explores offering crypto to wealthy clients

Our main discussion:

The Wall Street Journal and Bloomberg are both running headlines about increasing consumer prices. For now, most pieces like these remain a healthy combination of spot data (in other words specific companies raising prices) and anecdotes versus aggregate data. That isn’t stopping a new inflation narrative from forming, however. Listen to find out what it means.

See also: US Added 266,000 Jobs in April, Missing Estimates for 1M Gain

Image credit: Galina Sandalova/iStock/Getty Images Plus

HOST

Nathaniel Whittemore

NLW is an independent strategy and communications consultant for leading crypto companies as well as host of The Breakdown – the fastest-growing podcast in crypto. Whittemore has been a VC with Learn Capital, was on the founding team of Change.org, and founded a program design center at his alma mater Northwestern University that helped inspire the largest donation in the school’s history.

Nathaniel Whittemore