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Covid burst the Everything Bubble. Now stagflation sets in.

  1. #1
    Donald Trump Naturally Camouflaged
    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%
  2. #2
    Donald Trump Naturally Camouflaged
    The following users say it would be alright if the author of this post didn't die in a fire!
  3. #3

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