About 9 months ago I wrote that Inflation is getting hard to ignore.
And it’s actually quite simple to understand. During the past 2 years the U.S. has increased its money supply by well over 40%. See the two figures below. Consequently, over the next few years, you will see the value of your dollars decrease by at least this much, if not MOAR. Simple. It’s not Rocket Science.
NO:
Putin did not do this;
Additional government spending will NOT lower inflation.
Most of this money (about 10 TRILLION) created was mis-spent on the MSM Hyped-Hysteria CoVid-1984 Mass-Psychosis Fear Pandemic. None of it was spent wisely on investments for the future. See moneys allocated here. Thanks for playing along! We look forward to your continued support.
My father used to say, “Inflation is the Cruelest form of Taxation”. You know whom to blame, and it is not Putin nor the local gas-station proprietor.
I just got my auto-insurance renewal notice: my insurance is up 64% since 2019. That would be about 20% per year ...
Oops -- I think this article has been "Fact Checked Wrong". Yesterday the President said inflation was ZERO. https://timellison.substack.com/p/what-fact-checked-wrong-means