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Forum nameGeneral Discussion
Topic subjectInflation. Are they letting the dollar circulate too much?
Topic URLhttp://board.okayplayer.com/okp.php?az=show_topic&forum=4&topic_id=13432595&mesg_id=13432595
13432595, Inflation. Are they letting the dollar circulate too much?
Posted by PimpTrickGangstaClik, Thu May-13-21 11:14 AM
Shout out the Billy Paul (https://www.youtube.com/watch?v=wWlTS_Gm_T8)
Are you noticing prices getting higher?

The target inflation rate is 2% per year. Yesterday, it was measured at 4.6%, the biggest jump in overall prices since 2008. Although the number could be poorly measured since it is looking at the increase since last April when things were crazy and prices could have been low.

Food is getting expensive (https://finance.yahoo.com/news/why-food-prices-will-keep-going-up-130929152.html)

Cars are expensive (https://www.bloomberg.com/news/articles/2021-05-12/record-surge-in-used-car-prices-is-key-culprit-in-inflation-jump).

Houses are expensive (https://www.bloombergquint.com/gadfly/april-cpi-housing-may-be-inflation-s-hidden-danger).

Building materials (steel, wood, etc.) are expensive (https://www.cnn.com/2021/05/06/investing/steel-shortage-stocks-bubble/index.html
https://www.cnbc.com/2021/04/30/soaring-lumber-prices-add-36000-to-the-cost-of-a-new-home.html)

Stocks are expensive. Cryptocurrencies are expensive