2022-06-12 at 10:10 PM UTC
The Everything Bubble is the massive increases we have seen in the price of everything besides labour and raw commodities since 2012/2013. It was driven by directed Central Bank money printing, in the wake of the commodity price collapse in 2012/2013.
Stagflation = a recession plus high inflation.
Overall US inflation: +8.6% since last year
Gasoline: +48.7%
Fuel Oil: +106.7%
Meat, Poultry, & Fish: +13.1%
Milk: +15.9%
Eggs: +32.2%
Coffee: +15.3%
Used Cars: +16.1%
Airline Fares: +37.8%
Real Average Hourly Earnings: -3%
2022-06-12 at 10:24 PM UTC
The following users say it would be alright if the author of this
post didn't die in a fire!
