Inflation is running rampant. This is due to political and monetary policies that hurt the middle and low classes. The high class and elites appreciate inflation because their assets are going up in value or the dollar is losing weight. There is no further reason to listen to what the media and government say about inflation. The FEDs got it wrong, governments politicize inflation to their advantage, and the ones getting hurt are most affected by it. Economists got it wrong; one thing is that humans are terrible at predicting the future. It is best to be prepared for the worse.
Politicians and media love to twist words to justify the means and actions taken. Russia does suffer from its government actions, but Russia benefits from commodities going up in price. They continue to have buyers in China, India, and Saudi Arabia. Inflation is affecting 64% of Americans who are living paycheck to paycheck.
These same inflation numbers were last seen in the 1980s but with interest rates at over 10%. The FED is looking to raise +0.25% interest rates this month. Monetary policy has been followed carelessly that raising interest rates higher than a 1% would bring the markets down and depression. What we may see in the coming months is a recession then depression.
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Inflation for February 7.9%
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Inflation is running rampant. This is due to political and monetary policies that hurt the middle and low classes. The high class and elites appreciate inflation because their assets are going up in value or the dollar is losing weight. There is no further reason to listen to what the media and government say about inflation. The FEDs got it wrong, governments politicize inflation to their advantage, and the ones getting hurt are most affected by it. Economists got it wrong; one thing is that humans are terrible at predicting the future. It is best to be prepared for the worse.
Politicians and media love to twist words to justify the means and actions taken. Russia does suffer from its government actions, but Russia benefits from commodities going up in price. They continue to have buyers in China, India, and Saudi Arabia. Inflation is affecting 64% of Americans who are living paycheck to paycheck.
These same inflation numbers were last seen in the 1980s but with interest rates at over 10%. The FED is looking to raise +0.25% interest rates this month. Monetary policy has been followed carelessly that raising interest rates higher than a 1% would bring the markets down and depression. What we may see in the coming months is a recession then depression.