Top hedge funder Griffin: Inflation could last “for decades” as post-pandemic deglobalization and spreading wars reverse the 40 year trend of cheap exports. “Deglobalization” on its own won’t do it, but paired with runaway government spending we could get there. Regime sycophants are already trying to permanently push up inflation targets, with central banks champing at the bit.
Top hedge funder Griffin: Inflation could last “for decades” as post-pandemic deglobalization and spreading wars reverse the 40 year trend of cheap exports.
“Deglobalization” on its own won’t do it, but paired with runaway government spending we could get there.
Regime… pic.twitter.com/sZSmlrI7u8
— Peter St Onge, Ph.D. (@profstonge) November 16, 2023
CPI Grossly Underestimate Inflation due to Flawed Health Insurance Adjustmenthttps://t.co/GGzemtMBrb pic.twitter.com/LBKuEpSO9e
— Citizenwatchreport (@Citizenwatchrep) November 16, 2023
- There are two ways to default for a government. Most people think it is missing a payment. The way the US government is likely to default will be the Fed being forced to buy US govt debt, massive digital printing of trillions of $$$ and then inflation. A 20% devaluation of the currency is a default by other means. Wall Street Silver
- “The world is waking up to a stark reality that could affect tens of millions of Americans: The federal government may be unable to pay its bills sooner rather than later…” EJ Antoni (Not related to me – Mal Antoni, people have asked…)
- Abracadabra!!!!!!! Debt bought and more money “made”!!!!! The illusion/delusion will continue until people realize their money is not worth “stink” and then panic buy to maintain assets. – DumbOlDad
- When you send billions of dollars overseas and stop oil production in your country, you get inflation and gas prices rising, which leads to expensive groceries. The plan to destroy the middle class is in full effect. – Desiree
- Ken Griffin, head of one of the biggest hedge funds in the world, thinks high inflation could last “for decades” as wars drive a retreat from globalization. Higher productions costs when governments are running trillion dollar deficits could mean stagnation and falling incomes for another generation. – Wall Street Silver
- Under Trump inflation was less than half what it is now. Gas was much cheaper, so were cars, and groceries. Under Trump wages were higher and we had energy independence. Biden has brought us into a recession and into multiple wars. Trump was the light and Biden is darkness. – Paul A S
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