Stock prices, real estate value, whatever always have their ups and down, and at times more significant than others. It’s a catch-up game. Inevitably everything falls and most of the time it can build again. Let the chips fall where they may, none of us have anything to do with it as we’re living still far downhill where the stuff starts. Gravity gets its way.

Have you seen a chart of M1? Zoom out to 5 or 10 years for context. Money printing went parabolic. This isn't a normal case of ups and downs. It's inflation as usual, but at an unusual rate. It exceeds the increase that occurred under Roosevelt when gold was collected by the treasury at $20.67 in 1933 and then declared to be $35 in 1934. The creation of savings bonds in 1935 also funded government spending. But the Roosevelt government paid people to work. Our government pays people not to work. Big difference.

Roosevelt

https://tradingeconomics.com/united-states/money-supply-m1
https://tradingeconomics.com/united-states/money-supply-m1

I doubt Americans will be waving their hands when basic items double and triple in price while their salaries remain unchanged. We have the worst case scenario at the moment with scarcity of certain basics along with excess monetary growth. Pay attention to prices for oil, computers, and food. You may be surprised or even shocked come this time next year. Inflation is not some type of economic mumbo-jumbo. It is real and sometimes painful; just ask pensioners in Argentina.

Ding ding ding !

Unfortunately we have a winner. He is spot on.

Happened to go into Whole Foods yesterday, and I was shocked! Some of their stuff is twice the price of Albertsons.

that’s normal there :D

It's Whole Wallet. Or Whole Paycheck.

Lumber has gone up about 150%. That's a good example of stopped production. The people's command economy didn't consider it essential, but actually shelter is essential. So money supply isn't the only problem. There is also price inflation caused by deflationary supply of goods. Turns out pumping money into an economy without producing a good to spend it on is about the most inflationary policy possible. Roosevelt's programs by contrast printed money in exchange for wealth creation. So money grew, but so did infrastructure and goods. Our government is just giving a man a dollar while actually preventing him from creating wealth in exchange for it. They're not paying him to put up electric poles or pave roads. They're paying him to sit at home.

Or, perhaps he's not.

https://www.nytimes.com/2021/03/13/u...gtype=Homepage