My house needs to drop 300-350% before it even gets close to normal inflation levels over last 5 years.
Used cars need to drop 100% to get to even last year.
Going to need to drop a lot before I would call any real deflation.
Quoting: Anonymous Coward 83104842 LOL that is correct, we are not in deflation
We are in hyper inflation.
Inflation is an increase in the money supply. They no longer give us visibility into the money supply, but if they did, I believe we’d see it contracting not inflating.
Petroleum prices have nothing to do with inflation, despite what you’ve been told, because they have nothing to do with the money supply.
There is a direct and deliberate attack not only on our food supply but on petroleum. Under the auspices of “fighting climate change” they’ve stopped exploring for oil, shut down pipelines and added restrictions.
Ask yourself why. They’re trying to prop up prices. It’s the same reason they want minimum wage hikes and why food production plants are burning.
People are tapped out. Housing prices are dropping. No one can borrow anymore. This is a last ditch attempt to save a dying system before we spiral into the Next Great Depression.
Mods: thanks for the pin!!
yeah I'm not getting it, Congress is spending to Infinity
4 trillion every six months..
The Big houses like BlackRock and Berkshire hathaway have been buying up all the supermarket chains and food manufactures for the last 2 years.
They knew food was going to be an Issue in a collapsing economy..
I just don't see a tightening of the Money Supply.
Nancy Piglosi has been passing out free money to every company on wall street so they could buy up everything.
My wife is a manager at Walmart, She said meats and obviously Pharmaceuticals are their two highest profit centers in every store.
There is a 800% mark up on meats and upto 3500% markup on pharmaceuticals
I see a lot of profit taking on top of cost of delivery causing Inflation, also a lot of free money..
