Inflation Might Not Be Transitory… Who’da Thunk? with John Rubino

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from Kerry Lutz’s Financial Survival Network

John Rubino notes that inflation might not be transitory. It’s not the inflation of the 1970’s, it’s causes are different. Messed up global supply chain. Massive amounts of currency created and continues to be created. WSJ says boomers retirement is inflationary. Flies in the face of traditional demographics. Wells Fargo closes personal credit lines, implies they are worried about something. They’re even eliminating overdraft protection on checking accounts. $100 cheeseburger has arrived. Restaurants are imposing customer minimums or table minimums. Is that really wise? Are they so busy they can raise prices and not worry about empty tables. Everyone is putting in pools, it’s a form of prepping. If there’s another lockdown, at least you’ll get your exercise. It’s part of the trend of housing upgrades. Housing prices are up so much that maybe they’re using home equity lines. An unproductive exercise. Tucker Carlson being surveilled by NSA, he’s been under surveillance to set up an interview with Vladimir Putin. These communications were subsequently unmasked and were in the process of leaking it to other news outlets to smear him. They’re watching everyone, one way or the other. Then they ship it off to the justice department for criminal prosecution. Haitian president assassinated. Is there a US connection? Nothing to see here, move along. US is out of Afghanistan, finally. What was accomplished for over $1 trillion? Biden admin is going door to door for vaccinations. Sounds unconstitutional to us, but what do we know?

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