Is Widespread $US Price Inflation Definitely Coming?
A question for you, dear reader : Is price inflation [here defined as an across-the- board steady loss of purchasing power for the $US], definitely coming our way?
Below are quotes/links to various finance, economic and investment commentators that made such claims in recent articles, plus one article that proposes further US stock market gains.
What Do I Think?
To see my own commentary on these various predictions, and, more importantly, how to avoid having to rely on _any_ predictions,please go to the bottom of this blog entry.
US Consumer Prices [CPI], in $US, 1875-2003, [log.scale]
US Consumer Price Index [CPI] averages , 2000-'21
[N.B. All graphs at graph index page, here , which has links to all current graphs on this site.]
Prediction:"Stagflation Cometh"
"No Inflation in Sight, Why the Inflation Debate?” On one hand, fiscal stimulus is and will be racing through Main Street, some people say. Others claim that “the pandemic hasn’t altered the dynamics of the past dozen years or so when deflation, rather than overheating, has been the big threat.” I might butt in and mention that all stimuli have headed for Wall Street: stocks, bonds, cryptocurrency, and single-family housing."
Prediction : "Tsunami of inflation is coming & silver will definitely catch investor attention – Keiser Report"
"Max Keiser talks to Stephen Flood of GoldCore.com about the case for gold in a bitcoin world, as well as the recent Reddit-driven buying frenzy, which sent silver prices soaring to an eight-year high."
US Federal Reserve Monetary Base[MB] Supply, 2000-21[log scale]
Prediction: "Is hyperinflation on the horizon?"
"In the U.S., for example, the quantity of money, measured by M2, has increased by a whopping 26% in a single year. This is the largest annual increase since 1943.The combination of the fast growth of money in circulation and the decline in production capacity, whatever the cause, is the pre-condition for ravaging inflation"
[And last but not least] A Bill Bonner Prediction : "U.S. Policies Will Create Temporary Prosperity"
Standard & Poors [S&P] 500 Index, 2010-21, [log. Scale]
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Financial Safety Services Commentary on the various predictions above - Important Questions For Investors/Speculators:
So what's comes next, dear reader? Another global plandemic crisis?, bank failures?, stock market crash?, stock market boom?, deflation? , hyper-Inflation?, US dollar crash?
REALITY FACT: NOBODY, INCLUDING ALL SO-CALLED "EXPERTS", REALLY KNOWS FOR SURE!
See:How To Safely Profit In Stocks,Gold,Crypto's etc., Despite An Unknown & Unknowable Economic Future
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"If it were possible to calculate the future structure of the market, the future would not be uncertain. There would be neither entrepreneurial loss nor profit. What people expect from the economists is beyond the power of any mortal man."
Ludwig Von Mises.
More Von Mises quotes here
“The only function of economic forecasting is to make astrology look respectable.“
John Kenneth Galbraith
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