Loading ...Just like WW II was a continuation of WW I. So the Fed will probably have to stimulate again later on. What a huge disruption to an already fundamentally flawed and failing global economy.
It almost feels like they did it on purpose. Shake everything up with “electric shock treatment” (before it all crashes naturally) and things might get better. And somethings are better, like realization that we can’t depend on China for important supplies.
If they did accidently on purpose let it happen, Covid War I financial crash, The Fed and their 75 years of managing the money, can’t get blamed for the upheaval and the needed extra money creation.
A slice of Pizza was .15 cents, times 20? Is $3.00 today. A Police mans salary in my area was $10,000 per year. Times 20? Is $200,000 today. That’s the true inflation rate. I guess you would need to be good with Math or Algebra to get the true overall yearly average inflation rate. As a shear guess I’d say 7%- 8% per year.
We have to be patient with this lethargy with metals and mining stocks lately. You know, the sell in May thing? Leading to the Summer rally?