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Re: Inflation or Deflation 02 (Aug 14 - Dec 24)

PostPosted: Thu May 23, 2024 8:09 am
by winston
Here’s the inflation breakdown for April 2024 — in one chart

by Greg Iacurci

KEY POINTS

The consumer price index rose 3.4% in April from a year earlier, a decrease from 3.5% in March, according to the Bureau of Labor Statistics.

Gasoline and housing prices put upward pressure on inflation, while prices for categories like groceries and new and used cars fell in April.

Consumer buying power rose over the past year as inflation moderated.

Source: CNBC

https://www.cnbc.com/2024/05/15/heres-t ... yourwealth

Re: Inflation or Deflation 02 (Aug 14 - Dec 24)

PostPosted: Sun May 26, 2024 11:50 am
by behappyalways
The price of "liquid gold" in the EU soared by 50%, and Greek olive thefts were reported frequently

歐盟「液態黃金」價格均飆50% 希臘橄欖竊案頻傳|十點不一樣20240523

https://m.youtube.com/watch?v=dtClFouHX68

Re: Inflation or Deflation 02 (Aug 14 - Dec 24)

PostPosted: Fri May 31, 2024 6:23 pm
by behappyalways
Wow. The breadth in commodity price spikes is the highest in two years, per Bloomberg. This is not disinflationary
https://x.com/Mayhem4Markets/status/1795094937270116731

Re: Inflation or Deflation 02 (Aug 14 - Dec 24)

PostPosted: Mon Jun 10, 2024 3:09 pm
by behappyalways
Is Fast Food Affordable Anymore? A Detailed Look At Menu Prices Over The Years
https://www.zerohedge.com/economics/fas ... over-years

Re: Inflation or Deflation 02 (Aug 14 - Dec 24)

PostPosted: Fri Jun 14, 2024 8:01 am
by winston
The Fed’s inflation reading is hilariously wrong

by Peter Schiff

In the first two years of the pandemic, the US government debt surged by $7 trillion.

Over the same period, the Federal Reserve created $5 trillion in new money-- with most of that going to buy Treasury bonds.

In other words, the Fed ‘printed’ over 70% of the money that the US government borrowed in the first two years of the pandemic. And that $5 trillion of new money created 9% inflation.

So just imagine how much inflation the Fed will create if they print 70% of the $20 trillion that the US government will need over the next decade...

No one knows for sure. But it’s probably going to be a lot more than their magical 2% target.


Source: Schiff Sovereign