"We are seeing substantial inflation," - Buffett
Not everyone is convinced that rising prices in certain areas of the market right now might already be a sign of inflation and more to come.
Some say that it's a response to an increase in supply and demand for certain items like lumber, and that might be true to some extent. But inflation is rising and it's just a matter of how high it might get.
In the recent live with Buffet he insisted that prices would be raised because they are seeing serious levels of inflation take hold.
A number of companies have already suggested they are rising prices and we've seen prices already climbing for houses, lumber, food, and in other market areas.
But is this something Americans should be worried about?, after all the Fed can just come in and print more to bail out a bad situation.
But then again we know how we get into this mess in the first place and around and around we go.
Inflation is rising higher than anticipated and prices are already rising for various goods. It has been one of the biggest increases in a decade.
One thing we know for sure is that the more people worry the more that pressure will grow on the Fed to do something about it.
Then we might get the chance to just further kick the can down the road and get even more of the same problem later on.
The money supply was inflated to unprecedented levels in 2020. Meanwhile, economic productivity and international trade were cut sharply. Anyone with any brain cells betwixt their ear-holes could see SOMETHING had to give eventually. Only an idiot would demand help from the people who made this mess in the first place, yet here we are...
Sure, kick us when we are already down.
That was the plan.
"If you want to understand the future, imagine a boot stomping a persons face over and over..."
If you want to see inflation, just look at how little of a bitcoin The US dollar will buy.
And, as i said all last year,
BUY FOOD!
It will be one of the highest ROIs you can get.
Buenas tarde amigo soy de Venezuela me pareció muy bien lo que dijo porque cuando la inflacion sube el capitalismo nos cubre y nos quita la alegría de la cara.
Good afternoon my friend I am from Venezuela I thought it was very good what you said because when inflation rises capitalism covers us and takes away the joy from our faces.