Posts

Transitory inflation confirmed! Markets primed to PAMP!

avatar of @bearbear613
25
bearbear613
@bearbear613
·
·
0 views
·
2 min read

Taking a small break from crypto news and focusing on the deranged legacy economy. It's almost as if the world has been injected with something to make it passive zombies. The news can be lies, but in reality we known we are being lied to. Perhaps this is called passive zombieism. This plague has always been on the lower class of society. The bread and circus is not limited to woke NBA games. It would seem the bread and circus is also the easy money.

So the news loves acknowledging that inflation is 'transitory' - or maybe depending upon the definition.

So the news loves that they are tapering $15 Billion monthly from their permanent $150 Billion bond purchases. This is zombie. It's simple..
THEY HAVE HAD TO DO BILLIONS OF BOND PURCHASES SINCE 2008!

Oh but bear, higher wages are coming! Higher wages to keep up with inflation will DRIVE more inflation in my humble opinion. Forget supply chain issues and CHINA having to hoard for christmas time. That is surely going to drive prices down!

https://www.breitbart.com/asia/2021/11/03/china-tells-local-officials-to-hoard-food-triggering-crazy-panic-buying/

China Tells Local Officials to Hoard Food, Triggering ‘Crazy Panic-Buying’

I mean they can tell us straight to our face and people continue to drool!

ericmuetterties.com

The FED can paint itself in a corner. Raise interest rates they say! Well the debt on the interest maybe just requires more debt to pay it.

Back to the zombies! They love hearing tapering, they love hearing higher inflation, they love hearing raising interest rates. New record highs no matter the news! Those who haven been bitten can understand that something is seriously rotting. Cyclically the economy is being painted into a corner. Taper, don't taper, raise rates, don't raise rates the math is not exactly sound.

So what's the answer? Prepare for more fuckery. Prepare yourself in physical and digital assets. Probably impossible if you are barely making a living. I have no answer for that.. only sympathy as perhaps we will eventually all be moving into that 'tier'.

Posted Using LeoFinance Beta