Inflation is heating up—and the reasons run deeper than your grocery bill. In this week’s episode of The Economic Effect, John Silvia breaks down how expansionary fiscal and monetary policies, coupled with tariffs, are fueling persistent price pressures across the economy. From higher coffee and olive oil prices to the stock market’s “run it hot” trade, John examines the forces driving growth, inflation, and risk in today’s markets. Stay informed on what’s shaping the economy.👉 Subscribe to The Economic Effect and sign up for the weekly newsletter at johnesilvia.com.