don't be a nigger, since covid hit the feds needed money so banks could make loans to bail out big corporations. this increased the money supply by > 900% meaning it will reduce the value of a dollar by 90%. they are taking some out and delaying it through slowed money velocity so it doesn't hit all at once, if the rich/corporations just hold the money nothing inflates yet. but they did move enough of it that inflation is way up.  the official report said 3.4% but there were major changes to how it was measured. for example substitute good were included in 2023's report, where water was listed as a substitute good for coffee. back in reality, insurance is up 20%-100% on cars and homes. groceries are perhaps the best documented, it was up 33% in one year. cost to own a home was up in double digits everywhere in the us.  hyperinflation won't happen, that is a 50% decrease in buying power per unit of money every month.  however, we absolutely will have an 80% decrease from 2021. move your money to securities, commodities, and real estate. no crash is coming, or rather, when it does, nothing is going to quite outstip the speed at which the dollar is going to be losing buying power. there's just no way it won't happen. that's why the market has been good, it's not actually a good market, the revenue reports suck, but the growth of the s&p 500 above the average market is approximately the real inflation rate, so it's more like 9% a year and that will continue until the supply cap has changed hands enough. to measure that is a chart called velocity of m1, it was a cliff, hence the hiring freeze, money has to not move or it will blow up inflation.    m1v look at it. velocity is picking up. get your cash into appreciating assets while you still can. if you're poor, you're only hope is to keep hopping jobs for the next several years.
United States