Inflation Near 40-Year High Shocks Americans, Spooks Washington (As Largest Wealth Redistribution In US History Occurs ... Towards The 1%)

Confounded Interest ^ | 12/9/2021 | Anthony B. Sanders

[Jonny7797]

Got ya.

[LostInBayport]

I went to my discount liquor store today to stock up on wine. I needed a drink while shopping for drink! The prices have skyrocketed.

Just like they have on groceries, heating oil, health insurance, gasoline...

And then the bank statement arrives, with pennies in interest.

Thanks, Brandon!

[AndyJackson]

Shocks Americans

Are you shocked? I'm not shocked. When you print lots and lots of money to be spent by takers while shackling production by makers, prices do what?

[TexasFreeper2009]

yeah, my mother had a CD at 20%!!! she had it for like.. 30 years?

lived off the interest her entire life.

[TexasFreeper2009]

I just bought TWO new vehicles at 0% :)

[TexasFreeper2009]

I just bought TWO new vehicles at 0% :) $100,000 total

[Freedom_Is_Not_Free]

Never let a good crisis go to waste.

They want this.

[Freedom_Is_Not_Free]

The national debt will be 40 trillion dollars before you know it. Maybe by 2030.

The national debt was just 6 trillion dollars only 20 years ago, in 2002.

225 years to add 5 trillion in debt. 20 years later, 25 trillion more in debt.

We are so screwed.

I no longer believe that I am so old I will miss the worst of it. It looks like I am going to get both barrels before God lets me off the hook and gets me out of here.

[Theoria]

This isn't productivity and innovation, in regards to efficient price action.

Vast amounts of government spending and low interest rates. Gen x,y, z, etc are the largest bag holders in the history of the world. Nuts.

[combat_boots]

http://www.shadowstats.com/alternate_data/inflation-charts

Just wait til after Christmas

Big Food next year

https://www.naturalnews.com/2021-12-09-corporations-weaponizing-food-transition-new-world-order.html

Expect >30% for fruits and veggies

[Ruy Dias de Bivar]

Reminds me of the olden days of WIN! (Whip Inflation Now) Anyone still got a “WIN” button?

[ro_dreaming]

booming economy

My blacc a$$.

Booming inflation.

Booming costs.

Booming shortages of electronics.

Booming shortages of available, willing workers.

But, not a booming economy.

[SauronOfMordor]

Investment assets (stocks, real estate, etc) have been rising quickly in anticipation of inflation. This benefits the investing class.

Salaries have NOT been keeping up. Inflation is a way to force effective salary cuts on people by simply not raising pay in keeping with inflation.

[Ruy Dias de Bivar]

BIDEN needs to start wearing a smock just as the pinhead Schlitzie did.

He was a man, passed off as a woman in a smock as it was easier to change his diaper due to the fact he had NO BOWEL CONTROL just as BIDEN has no control.

https://www.thehumanmarvels.com/blog/wp-content/uploads/1cd7964d5bdd107f4d2ab43f125ea1ed.jpg

[Ruy Dias de Bivar]

I can see the future adds, just like 1980, and 2003.

“REFINANCE YOUR HOME! We will pay you 125% the value of your home to REFINANCE at the new LOWER RATE OF 21% interest! Use the value in your home for VACATIONS! COLLEGE! A NEW ELECTRIC CAR! BLAH BLAH BLAH!”

[ctdonath2]

I remember those rates. That’s why I just refinanced. Get that cheap money while you can…

[SaxxonWoods]

Obviously, but thanks.

The only thing that matters during inflation is to beat it by investing in things that rise faster than inflation.

There are such things and they are never hard to find. What worked in the 70’s-80’s is still working now. By 2024 the FED will be worrying about deflation again.