Hyperinflation is starting, energy prices through the roof!
Energy prices are the fuel for hyperinflation
Loads of non mainstream journalists have been warning for this for a few years now. Like @joshsigurdson, @dollarvigilante, and many others. Most of them banned from channels like YouTube, Twitter and Facebook. But it now seems they are and we’re correct with their analysis. The excessive money printing by the central banks already pushed inflation to 3 % and now the incredible run ont energy market is pushing inflation to 4 % in a matter of days.
If this keeps going on for a few more days, we could get to the fase of hyperinflation in a matter of weeks. Am I overreacting? I hope not, but a 20 % rise of gas and electricity prices in one day doesn’t predict peace and quiet for the markets. To the contrary, it looks more like pandemonium.
It looks like cryptocurrencies will boom even more the next months, as a safe haven. Who would have that would happen, a few years ago!
Sincerely,
Pele23
Yes, some people have been warning about it since the fed launched the first QE after the financial crisis of 08. Here we are more than a decade later, and perhaps it's finally time...
Perhaps is not the word, I think
Kind-of scary situation about the elictricity prices.
In Romania electricity gets a boost in price every winter. They just speculate on the people's need to use more. Same as with gas and diesel.
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I live in Bulgaria and most of the prices have started to increase solidly recently.
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It is projected that a normal family will pay at least 700 EUR more next year for gas and electricity in Belgium
Yes, but the effect is still not clear in many countries of the world
I think the beginning of next year will determine where we are going
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I think we are already underway