Inflation continued to surge, reaching 5.4% in September. Janet Yellen has never been right about anything and keeps calling this “transitory,” as if it will vanish in a few weeks. The Labor Department’s Consumer Price Index, which is supposed to measure a basket of goods and services as well as energy and food costs, came in at 5.4% in September from a year earlier, well beyond expectations. However, our model was projecting a rise in inflation into 2021 which is 13 years up from the November 2008 low. It is interesting how the COVID restrictions with lockdowns came in on target with our computer’s forecast. Curious how events seem to fulfill the forecast when it is done by a computer rather than human judgment.
Nevertheless, as you can see from the chart, inflation has bounced on a month/month basis, but it has not yet reached the Downtrend Line. The long-term forecast beyond a mere decade projects the historical high will be due in 2034, which should exceed all previous highs. A month/month number above 1.05% will signal that inflation is breaking out, and we will indeed make all-time record highs going into 2034.
- “Baal-enci-aga” Literally Means “Baal The King”
- This is the Beginning of a Massive Story
- KanYe Proved on Alex Jones Show That WW2 History is Trauma Based Indoctrination
- 10 Big Retail Stores That Will Disappear In The Months Ahead
- Food Products Are Now 125% More Expensive At Walmart
- I Think They Will Kill KanYe After Yesterday’s Appearance on Alex Jones Show
- THE DROP IS IN: THE TWITTER FILES
- The doctor who went on TV to push mRNA shots has now done a 180…
- “Twitter Files” Show Government Collusion Beyond What Anyone Imagined
- LOL! This is how Qatari TV reacted to Germany’s World Cup exit…