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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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

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