Former national accountant association boss predicts higher inflation

You're referring to the recent news about the former National Association of Accountants (NAA) boss predicting higher inflation!

For those who may not be aware, the NAA is a professional organization that represents accountants and accounting professionals in the United States. The organization's former boss, Barry Melancon, has been a prominent figure in the accounting industry for many years.

According to recent reports, Melancon has predicted that inflation will rise in the coming months, citing factors such as the ongoing COVID-19 pandemic, supply chain disruptions, and the impact of government stimulus packages on the economy.

Melancon's prediction is based on his analysis of various economic indicators, including the Consumer Price Index (CPI), which measures the average change in prices of a basket of goods and services. He believes that the CPI will continue to rise, driven by increasing costs for goods and services, as well as the potential for higher wages and prices due to the ongoing labor shortage.

It's worth noting that Melancon's prediction is not unique, as many economists and financial experts have also been warning about the potential for higher inflation in the coming months. However, it's always important to take predictions with a grain of salt and consider multiple perspectives before making any investment or financial decisions.

What do you think about Melancon's prediction? Do you have any concerns about inflation or the economy?