by Jim Quinn
Over the last year oil and gas inflation has been double digits. Since all of our food and Chinese shit is delivered by trucks who use diesel, inflation is now seeping into all goods. Do these charts match the bullshit BLS inflation number of 2.1% over the last year? This doesn’t include the raging inflation in healthcare and rents/home prices.
Crude Oil
Heating Oil
Unleaded Gas
Gold
Copper
Live Cattle
Feeder Cattle
Corn
Soybeans
Wheat
the real inflation is running at 8-10%. BLS = BS.
http://www.shadowstats.com/alternate_data/inflation-charts