Inflation is chasing the investors and policy makers at a speedy rate. CPI increased by 7% in December, 2021, the highest since June, 1982.
The annual inflation rate in the US hit 6.2%, recording a highest in decades. Due to an unstable inflation, consumer prices increased by 0.9 percent in October and June, 2021.
The U.S. is fast approaching the end of a “superbubble” spanning across real estate, stocks, bonds, commodities, as per iconic investment guru, Jeremy Grantham.
A report by blockchain data platform Chainalysis reveals that nearly $14 billion in cryptocurrency were sent to illicit addresses in 2021.
US Federal Reserve is charging investors with inflationary pressures by putting up interest rates to create a response to the surging inflation.
Changpeng Zhao, also known as CZ, is now the 11th richest person in the world with an estimated net worth of $96 billion.