“Game Over” And We Are Seeing Shocking Levels Of Inflation

• “Game Over” And We Are Seeing Shocking Levels Of Inflation
  by https://kingworldnews.com/
  One of the greats in the business looks at “Game Over,” while another points out the shocking levels of inflation we are seeing.
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  Yes, They Are Lying About Inflation
  Fred Hickey:  “Poor J. Powell. Can’t get inflation up as it remains too “soft.” Meanwhile: “Domestic steel prices have risen more than 160% since last August,” lumber prices more than doubled, house prices up 14% year-over-year, Oil over $60 a barrel, “skyrocketing” shipping costs.
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  Food prices up double-digits, industrial inputs up over 30% – tin at 10-year high, copper at 9-year high (nearing a record) iron ore up over 65%, rubber up 40+%, Walmart raising wages (again), $15 federal minimum wage proposals, multiple states implementing their own $15 level and M2 +26%.
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  Propane costs up 30%, worst semiconductor shortages that I can ever remember, leading to across-the-board price hikes, and on and on. Inflation too “soft”? The only thing soft about inflation is the way the BLS calculates it.”
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  read more.

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