Over the last few weeks, we’ve outlined the following:
1. If you add up all of the money the U.S. has
ever printed…
2. In three months in 2020, the U.S. increased its deficit
by more than it had during the past five recessions combined (’73, ’75, ’82, early ‘90s and Great Financial Crisis).
3. Under Jerome Powell, the Fed bought more Treasuries in SIX WEEKS than it did in
10 years under Ben Bernanke and Janet Yellen.
4. Agricultural commodities prices are up nearly 40% since August.
5. The Commodity Research Bureau’s Index is up 75% since April.
These items alone are horrifying… and unfortunately for the world, there are a slew of new ones to add to the list.