Inflation, the hidden "tax"

[blasternaz]

https://stansberryresearch.com/articles/the-dumbest-narrative-in-the-market

Well... Maybe looking at year-over-year CPI changes from June to January and declaring, "All clear!" means you're on drugs.

Like I said before, it depends on how you measure it...

For example, there's nothing magical about one-year increments. Why not report the change in the latest monthly CPI reading compared with the same month five years ago?

I think the answer is, "Because that might scare the bejesus out of everyone." Here's what the CPI looks like for the past year if it was calculated on a five-year timeline...



Would you have predicted that, starting in June 2017 and every month through January 2018, your $1 bills would be worth $0.80 in five years? I bet not. Nobody was thinking about inflation five years ago.

 

[blasternaz]

1. America’s national debt will rise by $20 trillion over the next ten years. For perspective, total federal debt for the country’s entire history didn't hit a TOTAL of $20 trillion until the third quarter of 2017. It's now over $31 trillion. Why do Republicans and Democrats hate America so much?

2. Nearly 200%. By 2053, if the country still exists in its current form and the Federal government is a going concern, the growth in mandatory spending and net interest costs will drive the debt to 195% of GDP.

3. Interest expense on the rise. Net interest costs could double in the next 10 years to $1.4 trillion. And that’s at relatively tame average interest rates.

 

[DM47]

.....Nobody was thinking about inflation five years ago.

Not too much.
But, nothing to see here. Just sell out your country and family to PRC and keep your millions; you'll be fine.

 

[xerts1191]