That is one thing you just do not hear about.
Well they cannot make you hear this uncomfortable truth as all the paradigms of growth via low interest would automatically fail if there was inflation.
But inflation is there.
Thomson-Reuters /University of Michigan consume confidence dropped from a 9 month high in May from 84.4 to 81.8 , as American are shaken by rising grocery and fuel bills at record high.
US Bureau of Labor statistics (yoy)
Price of shrimp +61%
Price of bacon +13.1%
Price of pork meat (end of 2014 projection) +20%
Ground chuck beef +5.9%
Chicken breast +12.4%
This is a time bomb.
While the super wealthy Americans (and in the world in general, BBC stated on Sunday that UK Billionaires last year improved their fortune by a massive +15%) – the average John Doe is struggling to have a plate of meat on his table.
You do not know when it will hit the main media…but soon or later (now to 3 years), it will. And it will not be just the financial market to have an issue.
investorpolitico 