I don’t get it.
If we are experiencing high inflation, where is it?
The supply and demand of everything being equal, shouldn’t inflation cause the price of everything to rise in equal proportion along with gold, silver, oil, and stocks?
Show me the inflation.
Right now the inflation is in the base commodities and stock market. Gold and silver aren’t even technically into their run until they surpass their inflation adjusted highs of the early 80’s...
Surely you jest. There are so many industries that have raised their prices, it is scary. Go product by product and we are seeing significant price increases.
Steve Wynn (Las Vegas) spoke of this only today. His hotel employees are facing all sorts of extra shared costs they never had before. Our buying power has been vastly reduced, the currency has been so badly damaged that China is finalized its agreement with at least four major trading partners to use an alternative currency to the dollar only this week.
“If we are experiencing high inflation, where is it?”
Have you been in a grocery store lately? Just recently I discovered butter went up $.50 in a week. That’s significant when the price had been under $3.00. Food prices have gone up dramatically over the last year.