Inflation or Deflation 02 (Aug 14 - Dec 25)

[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

[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

[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

[behappyalways]

Is Fast Food Affordable Anymore? A Detailed Look At Menu Prices Over The Years
https://www.zerohedge.com/economics/fas ... over-years

[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

[behappyalways]

Major Brands Push 'Upflation' Gimmick To Drive Up Sales
https://www.zerohedge.com/markets/major ... rive-sales

[winston]

5 signs inflation will soon be finished

by Rick Newman

Goods are now dropping in value

Rent inflation is finally improving

Cars are finally getting cheaper

Car insurance costs seem to have peaked

Consumers are less worried about inflation

Source: Yahoo Finance

https://finance.yahoo.com/news/5-signs- ... 48507.html

[winston]

Jamie Dimon: Large fiscal deficits, infrastructure needs, restructuring of trade and remilitarization of the world, all create high risk of substantial inflation.

Source: Schiff Sovereign

[behappyalways]

Are Americans too poor to afford sanitary napkins?
The price of a piece of sanitary napkin exceeds 40%, leading to the dilemma of "menstrual poverty"

美國人窮到買不起衛生棉？一片衛生棉漲逾四成陷入「月經貧窮」困境｜十點不一樣20240824

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

[behappyalways]

Global Food Prices Jump Most In 18 Months As Supermarket Inflation Storm Worsens
https://www.zerohedge.com/commodities/g ... rm-worsens