Get Ready for MASSIVE Inflation! | |
Anonymous Coward User ID: 78862118 Netherlands 05/04/2021 12:04 AM Report Abusive Post Report Copyright Violation | |
Dr FossilFuel Burner
(OP) User ID: 74960905 United States 05/04/2021 12:09 AM Report Abusive Post Report Copyright Violation | In the 1970s, double-digit inflation made headlines for years on end. Many people believe that we are well on the way to a return to such levels, but according to John Williams of shadowstats.com, we are already there. In fact, if inflation was still calculated the way that it was back in 1980, we would already be in double-digit territory. dsteele "Rebellion to tyrants is obedience to God" (proposed by Franklin for the motto of the Great Seal of the United States). |
Dr FossilFuel Burner
(OP) User ID: 74960905 United States 05/04/2021 12:10 AM Report Abusive Post Report Copyright Violation | It was inevitable that this was going to cause rampant inflation, but the numbers that we are starting to see are so crazy they are difficult to believe. A couple of weeks ago, Charlie Bilello posted a summary of how commodity prices have changed over the past year… Lumber: +265% WTI Crude: +210% Gasoline: +182% Brent Crude +163% Heating Oil: +107% Corn: +84% Copper: +83% Soybeans: +72% Silver: +65% Sugar: +59% Cotton: +54% Platinum: +52% Natural Gas: +43% Palladium: +32% Wheat: +19% Coffee: +13% dsteele "Rebellion to tyrants is obedience to God" (proposed by Franklin for the motto of the Great Seal of the United States). |
Beyond
User ID: 80300334 United States 05/04/2021 03:08 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 73854205 United States 05/04/2021 03:10 AM Report Abusive Post Report Copyright Violation | |