The Kapital News has been discussing and demonstrating how inflation has been here for years via the increase to money supply, and just importantly, the effects of inflation, known as price increases. Countries around the world in 2018 and 2019 (prior to the pandemic), were protesting and rioting in the streets. This was not because the cost of living was so affordable. Quite the contrary, where people could not afford to live and any minor price or tax increase unleashed the population to take to the streets. In more advanced economies, prices have been rising for basic necessities, such as food, energy, utilities, and medical costs. However, these rates in price growth were likely lower than is less developed nations. Yet, with respect to financial asset prices in developed economies, the world has seen and continues to witness record or near record prices in stocks, bonds, and real estate. This may be a temporary high where people believe that stocks can only go up. But in all likelihood, this is setting up to be one of the biggest bubbles ever created and thus its popping and subsequent decline will be one of the largest.
In low and mid-income countries around the globe, food prices are increasing at double-digit rates. Some countries are beginning to curb exports, thus putting further upward pressure on prices for agricultural goods. Today, Kraft-Heinz and ConAgra, announced that due to commodity price increases, that their customers are likely going to be paying higher prices for their goods at some point later this year. These statements are likely going to continue throughout the year and will be echoed by many companies across various sectors of the economy. The damage by federal governments and central banks has already been done. Now, the globe awaits its true effects and destruction of inflation. Stay diversified, stay vigilant, and stay with The Kapital News. #Economy #Inflation #Gold #Silver #bananarepublic #EndTheFed #USA #Liberty #Leadership #Recession #Protests #Depression #Debt #Spending #FireCongress #Jobs