Tuesday, August 24, 2021

If you want to know why prices will be going MUCH higher, here is one chart for you.

Rising prices are caused when more currency chases the same amount of stuff (AKA production).  Rapidly rising prices are caused when more currency chases a declining amount of stuff.  Look around, all the stuff production is declining.  Chipmakers have cut production.  Car makers have announced HUGE production cuts, 60% according to Toyota.  At the same time the actual currency in circulation that everyday people can spend is now going almost straight up. 

I will repeat, no they cannot change this. If they do then the Ponzi will collapse.  IF you think Biden's withdrawal from Afghanistan was a train wreck, that is just noise compared to what would happen if they did a similar "pull out" from the money printing / money injection into the economy game.  So it is a given that the currency in circulation is rapidly skyrocketing while the production is falling.

If you want to buy something, like a car, etc. Don't wait.  It's not going to get better.  It's only going to get worse until the Ponzi goes into the collapse phase which could still be a couple years off.

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