Inflation Pressures Building Over 12 Years.
Inflation exceeds 8% for two consecutive months.?Producer prices are up over 11%, pointing to even higher consumer prices in the coming months.
Since 2010, U.S. money supply (M2) is up 145%.
Since 2010, GDP is up only 58%.
Too much money chasing too few goods = inflation.
No surprise.?Plenty of warning.
What's so difficult to understand?
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Senior Account Executive - Banking, Financial Services & Insurance Team at Scrive
2 年Thanks for sharing. So true!!!