Largest Price increase you have seen ?

[Ccat]

They say the inflation rate is 7%, the highest rate in 40 years.

The problem is that if they measured inflation using the same metrics they used 40 years ago, it would be 15%. (If this post is read in the future, the graph below may not jive with the numbers in this post because it's a hotlinked graphic (subject to change).


(shadowstats.com)

And look at the money supply:



Reverse repos consistently over $1.6 trillion:

https://fred.stlouisfed.org/series/RRPONTSYD/

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All we can hope for is that the inflation rate will come down as quickly as it did in 1982.

There were a couple of terrible years. But we all paid for it, back then, with high interest rates and shortages. The various government entities debt was also a fraction of what it is today. Not just federal debt but the massive bond issues,, etc, of all the other government agencies.

What the hell are they spending this massive amount of money on? Public infrastructure is falling apart, just for starters.

Ccat