2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 366.07

-0.1%

Nov 6 4:00 PM EST

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To: TobagoJack who wrote (178317)	9/16/2021 12:21:51 AM
From: sense	Read Replies (3) of 217561

The "transitory" narrative is now rapidly falling apart by the weight of the numbers... But, still, saw the most flagrant bit of flummery attempted today... in crafting a new "excuse" for why inflation you see isn't really inflation... and thought it worth sharing. Steven van Meter's daily video today... skipped right over attempting any rational definition of inflation before launching into... "who are you gonna believe, me or your lying eyes"... Peter Schiff disagrees with others on what "inflation" is... some saying "inflation" is "rising prices"... Schiff sticking with the more traditional as "an increase in the money supply"... Van Meter, today, first claimed that "it's not inflation" if the price rises you do see aren't "broad-based" enough... and then presented information showing that in fact the inflation there is HAS ALREADY spread out and is now broadly elevating prices throughout the economy... BUT, the new claim is, its still not really real "inflation"... if the prices are rising so much and so fast... that you can no longer afford to buy the thing whose price has risen... so, since you didn't buy it, because you couldn't afford it any more... NO INFLATION !!! Reality, of course, is that if prices are rising... and the money supply is increasing... AND you can no longer afford to buy the things you used to buy... not only is that inflation... it's also you losing the battle over inflation... and as the larger supply of money flows to others... and not you... that's just a pairing of roaring inflation together with you getting screwed... I think that attempt at a new definition won't even convince economists...

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