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When official data suggested that U.S. annual inflation hit 4.2% in May — the highest rate in three years — President Donald Trump had an unexpected response: "I love the inflation," he told reporters, according to the BBC (1). He went on to claim that prices would "come down like a rock" when the conflict with Iran is resolved.
The comments highlight just how volatile and unpredictable Trump's economy has become. Sudden waves of tariffs, foreign invasions, geopolitical crises and spikes in inflation have made retirement planning significantly more difficult.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
JP Morgan sees gold hitting $6,000/oz before 2027 — and a gold IRA lets you hold the physical metal while deferring the tax bill. Get your free guide from Priority Gold
When official data suggested that U.S. annual inflation hit 4.2% in May — the highest rate in three years — President Donald Trump had an unexpected response: "I love the inflation," he told reporters, according to the BBC (1). He went on to claim that prices would "come down like a rock" when the conflict with Iran is resolved.
The comments highlight just how volatile and unpredictable Trump's economy has become. Sudden waves of tariffs, foreign invasions, geopolitical crises and spikes in inflation have made retirement planning significantly more difficult.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
JP Morgan sees gold hitting $6,000/oz before 2027 — and a gold IRA lets you hold the physical metal while deferring the tax bill. Get your free guide from Priority Gold
3 months ago
