Share on facebook
Share on twitter
Share on linkedin
Share on email

Gee, Who Would Have Thought This Would Cause Inflation?

Here is the latest commodity price index. It has hit 325. In one year the average price of 32 commodities ranging from copper, to heating oil to wheat has surged by 60%.

Then there is this from financial analyst Scott Grannis.

“Since the pre-Covid days (February ’20), the non-currency portion of M2 has increased by about $6 trillion, or 43%. Since early-summer ’20, that same measure of the money supply has increased at about a 13-14% annual rate, a bit more than twice it’s long-term average growth rate. Needless to say, this is all unprecedented. And very worrisome.”

And very inflationary.

Unleash Prosperity Hotline


1155 15th St NW, Ste 525
Washington, DC 20005