A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here.
The last three years have upended everything about the way we expect the economy to work. That’s at least partly why many rich people don’t seem to be sweating economists’ warnings that Donald Trump’s policies would cause inflation — which has finally come down to a normal level — to spike again.
Inflation dings all wallets, whether you’re a Wall Street banker
→ Continue reading at CNN - Business News