this is a nice reply. sadly this is a shit thread. you are screaming in the desert.
Why is inflation suddenly going out of control?
Nathaniel Morgan
Evan Davis
You both misunderstood. Due to the economic shut down rises were "held" and distorted in 2020. 2020's inflation rate was 1.25% with mass quantitative easing and 5 trillion in stimulus and like 8 trillion in federal reserve "stimulus"
The current number is adding price rises for the last 2 years, most of that happened nearly a year ago but has been reported as an "annualized" number for the last year. That opening up inflation will fall off shortly and will cause the inflation number to drop dramatically in a month or two
Caleb Lopez
>What happened to get this rapid inflation?
the money printers, user.
a combination of covid benefits and corporate handouts from governments.
a whole bunch of people quit or got laid off jobs and have been collecting gibs while corpos have been using government money to drive asset prices up
what do you think is gonna happen when productivity goes to shit and all of a sudden there is a massive new supply of money in circulation
ive been calling this since they introduced the benefits but everyone called me a schizo
Joshua Evans
Haha, not even. Look at overnight repos and the velocity of money. It's just getting started. Someone pointed out last year at least how inflation is lagging the housing market by several months (due to kiked CPI calculations) and how it was about to get a whole lot worse. Well the rate of inflation is increasing, it's at 7.5% annualized, and it looks like it'll only get worse until mid-terms at least.
Grayson Ramirez
Because the lockdowns ended. (((They))) need an excuse for the collapse of the global debt based fiat monetary system that is looming and covid fitted the bill perfectly. You may or may not have noticed they didnt offer stimmys/bennys straight away, they held off until the public demanded them. Lockdowns had a nice side effect of curbing inflation while (((they))) continued to mop up the tangible assets they want. Next monetary system will have to be backed by something other than a promise to pay and Silver and Gold will likely play a role in that. Next monetary system can in no way shape or form keep 8 billion people on their current standard of living as our current standard of living has been printed and this is why they accidentally destroyed billions of peoples immune systems with the vax.
housepricecrash.co.uk
Property markets are going to be absolutely destroyed and after (((they))) have mopped them all up and fired up the next monetary system they will rent those properties back to the public forever more. Anybody who relies on credit to get through life is fucked under the next monetary system because they will have zero access to it.
housepricecrash.co.uk
Hemlines are already coming down.
Jose Kelly
>it'll only get worse until mid-terms at least
the mid-terms are going to be a blood bath. the democrats only chance to stay in power is literally war with russia.