US producer price inflation jumps to 6.6%, largest increase ever recorded in history… Kyle Bass: Actual inflation rate is around 12%
https://twitter.com/disclosetv/status/1404784364131696642 Kyle Bass: Actual Inflation Rate Is Around 12% Bass noted that the Federal Reserve’s easy-money policy has added about 34% more money to the system in the last 14 months, a move that effectively cuts into the consumer’s buying power. “That means people that have money in the bank, in their savings, are losing, … Read more