However, where is hyperinflation in Japan that started supporting market with printed money at least since 1992-1993 (3-4 years after their 'bubble' started collapsing)?
As long as money velocity stays low, we will not have high inflation.
As long as money velocity stays low, we will not have high inflation.
Look Biodom, I've seen you make this statement more than once on this thread.
Respectfully, you're wrong.
https://www.shadowstats.com
https://chapwoodindex.com/
The way the Fed calculates CPI is just complete bullshit. It's a fraud.
Well, there is no inflation in Japan, that's all i was talking about.
I would not argue with an opinion that inflation in US is much higher than the official number. You are absolutely right.
However, wage inflation is low-that's a fact, and that is the whole underlying theme that is supporting discontent.
Since actual inflation is higher than wage inflation, the living conditions for an average Joe are going down even with their salary raises.
The only way to escape this was to own assets in the last 20-30 years.
Realistically, inflation is probably about 10 maybe 15% (yearly). You have to beat that.
All I am getting at-you have to be invested (stock market, RE, bitcoin) to have a chance.
When wage inflation would go up-then we would have SERIOUS inflation.
You can look at the basket of goods and their weighting for the CPI in Canada. If you want, you can customise it for your personal use as well but I think it's pretty all-encompassing. Gasoline here has gone up $0.11 per liter in the last couple of weeks from $1.03 so if you're an Uber driver, your perception of inflation is going to be a bit skewed. Overall, I think it's a pretty good determination -
https://www150.statcan.gc.ca/t1/tbl1/en/tv.action?pid=1810026401
It even takes into account the cost of our recreational cannabis
bought canadian pot stocks the day the vote went for B.
They are up 100-200% since
Nice! I waited too long. I wonder when Biden makes it legal in all of USA?
Perhaps it will happen the same thing as with gambling... state by state they will all approve and make America High Again. (AHA)
