June 19, 2021

Ukraine Breaking News

Ukraine Breaking News | The Latest News In Ukraine

5 signs that the raging US inflation crisis is accelerating

The pace at which conditions are changing is catching many people off guard. Here in the United States, we’ve been in a low-inflation environment for most of the past four decades, and so many Americans don’t even have a framework for what a highly inflationary environment looks like. But now we’re facing an inflation crisis that’s unlike anything we’ve seen since the Jimmy Carter era in the 1970s. In response to the COVID pandemic, governments around the world have borrowed and spent colossal mountains of money, and global central banks have completely flooded their respective financial systems with new liquidity. These measures were taken to stimulate the world economy, but a horrible inflation monster was created in the process, which will not be easily tamed. Indeed, national governments and global central banks continue to do the same things that created the hideous inflation monster in the first place.

Moving on, things look very bleak. The following are 5 signs that America’s raging inflation crisis is accelerating …

# 1 Inflation tends to hit hardest at those at the bottom of the economic food chain, but at this point, even most millionaires claim to be “Worried about inflation”

This is a major concern for most wealthy investors, according to CNBC’s latest millionaire survey. According to the report, up to 65% of millionaires are concerned about inflation caused by recent government spending. Of these, 34% said they were very worried.

The survey, conducted online in April and May by Spectrum Group on behalf of CNBC, had 750 respondents with investable assets of $ 1 million or more.

# 2 The largest banks in the world are now sounding the alarm about the inflation crisis. This week, a team of analysts from Deutsche Bank warned that “Neglecting inflation leaves global economies on a time bomb”

We fear that inflation will return. Few still remember how our societies and economies were threatened by high inflation 50 years ago. The most basic laws of economics, those that have stood the test of time for a millennium, have not been suspended. An explosive growth in debt financed largely by central banks is likely to lead to higher inflation. We worry that the painful lessons of an inflationary past are being ignored by central bankers, either because they truly believe it is different this time, or because they have accepted a new paradigm that low interest rates are here to stay, or because they are protecting investors. their institutions by not trying to hold back a political steamroller. Whatever the reason, we expect inflationary pressures to re-emerge as the Fed continues with its policy of patience and its stated belief that current pressures are largely transient. It may take an extra year until 2023, but inflation will reappear. And while it’s admirable that this patience is due to the Fed’s priorities shifting towards social goals, neglecting inflation leaves global economies sitting on a time bomb.

# 3 Home prices continue to rise in the stratosphere in the United States. These days, investment funds, wealthy individuals and foreigners are all devouring homes waiting to make huge profits, and this is making things extremely difficult for regular homebuyers. Previously, I found the following message from an exasperated home shopper on a popular discussion forum

It’s crazy. As soon as it hits the market tons of offers.

Mostly investors and pinball machines.

The real estate agent is telling me things like this.

“We have rich kids all the way to Hawaii who buy piggyback houses. They will also buy them in bulk. Anything from landfills to villas. ‘

We have Chinese people grabbing property, Bill Gates, Business and, as I said, fins. It’s impossible!

Auction sites and government-seized properties are inundated with the same types.

You can’t compete, you will be outnumbered by thousands and thousands of dollars well above market value.

Any tricks or strategies for buying a house? Something that may not have all the greedy bastards swarming over them?

A family that seriously needs to live in one place seems completely alone

It’s not just my zone that’s hot right now, it’s everywhere.

Please if anyone has any good advice it would be appreciated. Thank you

# 4 The prices of used cars have officially entered “absurd” territory. This week, we learned that the used vehicle value index has soared 26 percent until now in 2021 …

Prices of used vehicles sold at US auctions in May increased 4.6% since April, 26% year to date and 45% since April 2019, according to Manheim’s Used Vehicle Value Index released today. , the largest auto auction operator in the United States and a unit of Cox Automotive.

I recommended buying used vehicles to people because I thought more often than not you could get better value, but at this point I’m reversing my recommendation.

In this environment, I would strongly encourage everyone to consider buying new vehicles because used vehicles have become so ridiculously expensive.

# 5 Food prices continue to rise and I keep seeing reports of intermittent shortages across the nation.

In Florida, Papa Bee owner Lorie Hamm says that only a limited number of crates of chicken wings are made available to restaurants in her area, and also says the price for such cases it almost doubled from the beginning of 2021 …

“There are 300 cases assigned to two counties I believe, they disappeared in two minutes,” Hamm said.

Earlier this year, a crate of wings sold for $ 70-90 per crate. They now cost around $ 150 per case.

When you start wildly creating new money, this is what happens. Prices go haywire and shortages tend to occur.

Unfortunately, our leaders don’t seem to have even a basic understanding of the laws of economics and pain we’ve been experiencing so far it’s just the tip of the iceberg.

If they were smart, global authorities would take emergency measures to keep inflation in check before it’s too late.

Obviously this is not happening. Instead, they continue to feed the monster.

This crisis will go from bad to worse and you should prepare accordingly.

[

free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux
free robux

]