2021: A Year of Peak Speculation – Ep 764
Everyone is talking about inflation. Fed is re-rigging the CPI again to hide increasing inflation. Strong economies create surpluses, not deficits. US is importing more
Everyone is talking about inflation. Fed is re-rigging the CPI again to hide increasing inflation. Strong economies create surpluses, not deficits. US is importing more
Santa Claus rally comes early. Even Fed’s sugarcoated data shows inflation twice has high as their target. Gold may be turning its $1800 ceiling into
Chinese imports have kept a lid on goods prices, but not services. Dollar will decline when foreign investors no longer want US stocks. We now
Elizabeth Warren blames inflation on greedy business owners. Producers aren’t price gouging. They’re being gouged. Fed should stop QE now, not just taper it. Retail
October and November see biggest back to back CPI increase of the year. 2021 inflation was worse than any year in the 1970s. Rigged CPI
Socialists are the only ones who believe Biden’s bill will Build Back Better. Democrats accidentally admit that inflation is caused by expanding deficit and money
Janet Yellen lies to the nation. The Fed doesn’t want to let the peoples’ cost of living decrease. 2% inflation isn’t a target; it’s a
CPI data heavily contradicts Fed’s transitory inflation narrative. Reagan was more popular during a recession than Biden is during this “booming” economy. The government has
The inflation that we were emphatically told would be transitory and unmoored continues to persist and entrench. As the troubles gather momentum Washington is doing
Take the CPI numbers with a grain of salt. The CPI will catch up to the PPI. Fed’s new definition of transitory means a permanent