Since Jan 1, 2021,
– Gas prices are up 50%
– Global debt is $281+ trillion
– Bonds yield nothing after inflation
– The Fed keeps printing money
– Food costs are soaring
– The rich got richer
But tell me about the iPhone 13.
Few understand this.
— Michael A. Gayed, CFA (@leadlagreport) September 14, 2021
Price increases over last yr (CPI report)…
Gasoline: +42.7%
Used Cars: +31.9%
Gas Utilities: +21%
New Cars: +7.6%
Overall CPI: +5.3%
Electricity: +5.2%
Food away from home: +4.7%
Transportation: +4.6%
Apparel: +4.2%
Food at home: +3.0%
Shelter: +2.8%
Medical care service: +1.0%— Charlie Bilello (@charliebilello) September 14, 2021
Global Debt Hits A Record $300 Trillion, Up $36 Trillion Since COVID https://t.co/irod6Nh0df
— zerohedge (@zerohedge) September 14, 2021
🌎 #Shipping Lines Think Spot Rates Have Peaked – Bloomberg
*Link: https://t.co/J1lvVqYIJh pic.twitter.com/LJIOgVRBl4— Christophe Barraud🛢 (@C_Barraud) September 14, 2021
Gundlach: Real CPI using accurate housing inflation is 12% pic.twitter.com/zB5VkHqMq4
— zerohedge (@zerohedge) September 14, 2021
Home prices and rent hit new high YoY in US
“Inflation has cooled” pic.twitter.com/f4APb2lyO1
— 🅰🅻🅴🆂🆂🅸🅾 (@AlessioUrban) September 14, 2021