We are already seeing the beginnings of hyperinflation now and it will most likely before too many months pass, suddenly be upon us. Be prepared to protect yourself because the cavalry aint coming.
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What are you seeing as the beginning of hyperinflation?
Food, energy, rents, auto prices, toothbrushes, farm land, other than wages, housing, computers, antiques, used motorcycles, used rv’s, used boats, and clothing pretty much everything is up. The stock market is another example.
Lower prices for used rv’s, antiques, used boats, and used motorcycles tells me that discretionary income is down. That tells me that more people are strapped for cash and are living paycheck to paycheck and cannot afford luxuries. That’s just what I see in my small corner of the world. I am not an expert but have never met one either. I have read that food is up over 20% so far this year. My electric bill is up 30%. The cigarettes I unfortunately smoke have gone up 3 times this year. My cat treats have been downsized but the price remains the same. This is just my opinion which is worth about at same as everyone else’s.