Bloomberg News

Hunt Says High Inflation Could `Destroy' Middle Class (Audio)

May 11, 2012

Lacy Hunt, executive vice president and chief economist at Hoisington Investment Management Co., says a high inflation rate could "destroy" the American middle class, as wages lag behind the cost of living. Hunt talks with Bloomberg's Pimm Fox and Courtney Donohoe on Bloomberg Radio's "Taking Stock."

(Source: Bloomberg)

Running time 14:12


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