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I feel like I'm already seeing it at the grocery store.
I buy gold fish crackers and flavored carbonated water each week. Both were about $1.50 more than last month.
Is it $1.50 more than what you paid last month or was is $1.50 above MSRP? The problem with using grocery stores as an example is that the often sell items below MSRP. With the current situation, MSRP might make sense for grocery stores.
A stimulus generally causes inflation, however we didn't see significant inflation in during the last stimulus periods. I hope to see it this time around.
The inflation created by the stimulus is intended to offset the deflation caused by the business slowdowns and loan/rent defaults — that’s the theory anyway. And we all know that economists are never wrong.
We were able to get away with massive stimulus last time. This time though we will OD on stimulus. The bubble is far larger this time, which means the amount of stimulus will have to be far larger to re-inflate it. But we won't be able to re-inflate it. We will just overdose, kill the dollar, and spiral into a hyper-inflationary depression. That's my prediction.
We were able to get away with massive stimulus last time. This time though we will OD on stimulus. The bubble is far larger this time, which means the amount of stimulus will have to be far larger to re-inflate it. But we won't be able to re-inflate it. We will just overdose, kill the dollar, and spiral into a hyper-inflationary depression. That's my prediction.
At this point, the only way to protect yourself from being financially raped are the precious metals. Silver I believe has by far the most upside potential.
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