This is jaw-dropping. This inflation data goes back nearly twenty years, and as you can see, we’ve had a bit of an uptick lately. As in “never higher, ever.” I think this will be a bottle rocket vertical chart for a while.
It’s astonishing that the Fed clasps its hands and pretends to have nothing to do with any of this. Here, by the way, is WHAT they’ve been up to, with respect to flooding the nation with money. I think there’s a connection!
