Returning Inflation Is Putting The Fed In A Tough Spot | Truflation's Oliver Rust

This inflation expert is "extremely worried" about the prospects for the middle class

Inflation has been called the invisible tax.

Economist John Maynard Keynes wrote that, through it, "Governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens" in a process that "engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million is able to diagnose."

Which is why it's very important to know what's happening with inflation and where it's headed.

But should we rely on government's reported numbers, as distorted as they are by fudge-factors like hedonics and substitution, and possible manipulation for political optics?

No, says today's guest, Oliver Rust, co-founder of Truflation, a new blockchain-based real-time inflation calculation service that uses over 14 million data points to yield a more accurate measurement that represents what households actually experience.

In today’s interview, we find out what he thinks the true inflation rate is and where he sees it heading next.

For all the details, click here or on the image below:

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