Loading ...Haven’t we seen this a hundred times? The high prices cause low prices. I think the oil companies got screwed so many times the system “can’t get away” with whip sawing producers anymore. Remember the 72 Dollar caused $145 Oil, and the companies got tricked into expansion, over produced, and oil crashed to $28/bbl. One day it went negative on futures.
Thats how screwed up and totally distorted their financial pricing system is with unbacked paper money, and “gamblers and bankers” playing the futures markets. Thay bet USD up and down too.
Another thought. I mentioned a while back here. With all this hyperinflation talk, physical and mental, possibly engineered hoax, (like climate change) to make sure the system does NOT go into deflation, (bankers biggest fear) which in my view has been TRYING to happen. And the Fed kept fighting to stay above 2%.
God forbid the money we have in our pockets and savings go up in value. Bring it on. Naturally, a deflation would show the bankers don’t know what they are doing, and Gold would go up. Its under priced anyway.
In fact, a lot of the suddenly higher prices are simply adjustments to the reality of constantly manipulated lower prices. Like gov’t support for airlines. To maintain fake low ticket prices. Cause too much demand. NY to LA should be $4000 for example. And if that happens, its NOT inflation. Its a correction.
Lets think reversal. What ever was too cheap will go up, (non union wages, harbor freight stuff, used cars) what ever is too expensive will go down. (stocks houses?) The tricky part is trying to figure out what the prices (or values) should be compared to around 1975. I use a factor of 20. It used to be 10 long ago.