America: The Inflation Outlier.

<p style="margin-bottom:0in;">Something profound happened was revealed yesterday. It was the announcement that inflation in the United States saw the biggest jump in years. </p> <p style="margin-bottom:0in;"> </p> <p style="margin-bottom:0in;">The nation had literally turned around from a low inflation environment, where inflation was contained in the 1 or 2% range for years. To now borderline high inflation, with yesterday's measure coming in above 4%.</p> <p style="margin-bottom:0in;"> </p>