USA and inflation

Posted: May 19, 2014 in Uncategorized
Tags: ,

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.

 

 

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s