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Get Ready for MASSIVE Inflation!

 
Dr FossilFuel Burner
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User ID: 74960905
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05/03/2021 11:59 PM
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Get Ready for MASSIVE Inflation!
If you're old enough to remember the Jimmy Carter Years....and the Gas/Energy "Shortages" ...hold on to your wallets, Cause Shit's about to get BAD!




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dsteele "Rebellion to tyrants is obedience to God" (proposed by Franklin for the motto of the Great Seal of the United States).
Anonymous Coward
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05/04/2021 12:04 AM
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Re: Get Ready for MASSIVE Inflation!
bsflag

We got the greatest President in history steering this ship. Get ready for massive prosperity 5a
Dr FossilFuel Burner  (OP)

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05/04/2021 12:09 AM
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Re: Get Ready for MASSIVE Inflation!
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)

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05/04/2021 12:10 AM
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Re: Get Ready for MASSIVE Inflation!
Over the past year, the Federal Reserve has pumped more money into the financial system than ever before, and the U.S. government has been on a wild spending spree that makes Zimbabwe look fiscally conservative.

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

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05/04/2021 03:08 AM
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Re: Get Ready for MASSIVE Inflation!
Wheat is only up 19 percent so food prices shouldn't get out of control like the other markets are about to get.
Not anutter cig nature.
Anonymous Coward
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05/04/2021 03:10 AM
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Re: Get Ready for MASSIVE Inflation!
Revolution is about already about to happen. Make food not affordable and it is on like ping pong.





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