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Putin Did It?

Putin Did It?

Nah… From Ian Miller:  There’s been a concerted effort to blame the invasion of Ukraine for the dramatic rise in inflation, so here’s the inflation rate over the past few years according to the Bureau of Labor Statistics, I don’t think the invasion is what’s...
Skyrocketing Money Supply=Runaway Inflation

Skyrocketing Money Supply=Runaway Inflation

US Price increases over last year (CPI report): Used Cars: +41%   Gasoline: +38.0%   Gas Utilities: +23.8%   Meats/Fish/Eggs: +13.0%   New Cars: +12.4%   Electricity: +9.0%   Food at home: +8.6%   Overall CPI: +7.9%   Food away from home: +6.8%   Apparel: +6.6% ...
Transitory?

Transitory?

From Ben Hunt:   There’s zero reason to think inflation slows over next 12 months as every economic actor in the world is now laser-focused on raising prices for their goods, labor or services. The Producer Price Index in the US running at 10% year over year,...