I’m pretty sure tariffs will just make inflation much worse. At least we have a 1 month reprieve. I hope folks are stocking up on food and essentials. The graphs that you posted show us just how bad it is. It might even be worse then we know. I have followed and believe John Williams shadowstats.com website for years!
I honestly do believe that inflation has been much higher than reported. It certainty wouldn’t be the first secret that has been kept from the public. I do hope that you can get to the bottom of what the real levels of inflation has been. So the official numbers can be changed.
Thought you might be interested in the following, as I am in the UK.
Keir Starmer is gathering his Cabinet for a crisis meeting as the threat of 'Stagflation' rises.
The special meeting with ministers is taking place to 'take stock' after the Bank of England halved growth forecasts for this year from 1.5 per cent to 0.75 per cent.
It was also announced on Thursday 6th Feb 2025 that interest rates had been cut from 4.75 per cent to 4.5 per cent.
However, the Bank of England warned that inflation had eased much more slowly than hoped.
The changes come after Chancellor Rachel Reeves confirmed major tax increases in the October Budget as well as rising energy and water costs. Oh deep joy!
There are now fears that extra tax increases or spending cuts are on the way as the government continues to fill a hole in public finances.
Economists suggested the UK is heading towards 'Stagflation', with the economy flatlining while inflation pressures continue to grow. And - you ain't seen nothing yet - just like Silver will rise from the ashes phoenix like - eventually!
I’m pretty sure tariffs will just make inflation much worse. At least we have a 1 month reprieve. I hope folks are stocking up on food and essentials. The graphs that you posted show us just how bad it is. It might even be worse then we know. I have followed and believe John Williams shadowstats.com website for years!
Yes, that's my concern as well. I love ShadowStats. Maybe I'll write something about that and the true rate of inflation soon.
I honestly do believe that inflation has been much higher than reported. It certainty wouldn’t be the first secret that has been kept from the public. I do hope that you can get to the bottom of what the real levels of inflation has been. So the official numbers can be changed.
Yes - I hope to build greater awareness of this important issue.
Thought you might be interested in the following, as I am in the UK.
Keir Starmer is gathering his Cabinet for a crisis meeting as the threat of 'Stagflation' rises.
The special meeting with ministers is taking place to 'take stock' after the Bank of England halved growth forecasts for this year from 1.5 per cent to 0.75 per cent.
It was also announced on Thursday 6th Feb 2025 that interest rates had been cut from 4.75 per cent to 4.5 per cent.
However, the Bank of England warned that inflation had eased much more slowly than hoped.
The changes come after Chancellor Rachel Reeves confirmed major tax increases in the October Budget as well as rising energy and water costs. Oh deep joy!
There are now fears that extra tax increases or spending cuts are on the way as the government continues to fill a hole in public finances.
Economists suggested the UK is heading towards 'Stagflation', with the economy flatlining while inflation pressures continue to grow. And - you ain't seen nothing yet - just like Silver will rise from the ashes phoenix like - eventually!
Charlie.
Lowercosta.com
Exactly - stagflation is setting in around the world and not just in the United States. That bodes very well for precious metals, like you said.