The. Fed has been increasing the money supply at 38% yearly. Guess where inflation is going.
“The. Fed has been increasing the money supply at 38% yearly. Guess where inflation is going.”
It will go almost everywhere.
1) Real estate- Historically the most speculative or inflationary instrument.
2)Stock Market- Historically the 2nd most inflationary instrument.
3) Bond Market- Historically more stable than real estate or equities, but less growth.
4) Pricing on short term durable or non-durable goods- inflationary pricing is so marginal, it really doesn’t matter.Nobody goes broke because a rib eye steak went from 7.99 to 16.99, they just stop buying the steak.
The current inflation is also not just a monetary phenomenon. Producers are raising prices because “they can” and our supply chains are completely unsustainable.
We have too much overpaid unproductive fat in the United States. This Country needs a diet program.
I’m a manufacturer, if I raise prices- the customer has choice “buy or don’t buy”- So far they’re buying at least through September.