#914 Inflation Is Here And Putin Didn't Create It
The Pomp Podcast
00:00
Inflation
Gasolene prices up nearly 50 % in the last year. Apparel up six point eight and shelter up five%. The most shocking number to me though, is the food at home. This ten% increase means that the average american family is paying materially more just to eat. Double digit real inflation was previously reserved for third rold countries and dictatorships who lost monetary discipline. But now it has invaded the united states. We are at war with an invisible enemy, and we have no line of sight to material solutions. Prepare to weather the storm ahead, including potential stock market crashes, devaluation of the dollar and crypto volatility.
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