U.S. “Misery Index” is at the highest in a decade, if you strip away the aberrations at the height of the pandemic. The low jobless rate masks the other, more-pressing challenge facing many Americans: inflation.
Misery Index = Unemployment Rate + Inflation pic.twitter.com/9mmOpltL4L
— David Ingles (@DavidInglesTV) March 9, 2022
As inflation heats up, 64% of Americans are now living paycheck to paycheck
1) Inflation at record highs…
2) Monetary denial-of-service attacks at record highs…
3) Global market disruption signaling more printing & accommodation may be needed…
4) White House signaling desire to be digital asset leader…
5) Illiquid #BTC supply at record highs…
— Jason Lowery (@JasonPLowery) March 9, 2022
The Fed can stop pretending – it’s lost all control; the alternative is a depression and stocks down 80%.
Average inflation targeting has been the Fed’s most catastrophic decision pic.twitter.com/zNTfdLh0fd
— zerohedge (@zerohedge) March 9, 2022
BLOOMBERG ECONOMICS DROPPING AN INFLATION BOMB: “We now project the February CPI to show an increase of 8.0% year over year and top out in the vicinity of 9% in March or April.” But if energy prices continue to rise “CPI could rise above10%.”
— Robert Burgess (@BobOnMarkets) March 9, 2022
THEY HATE AMERICANS AND WANT US TO SUFFER? Biden’s Handlers Want Skyrocketing Gas Prices. The EPA Just Revealed Why.
Hakeem Jeffries is asked how Democrats plan to deal with record gas prices.
“That issue hasn’t come up.” pic.twitter.com/vmt6WGMQp8
— Mike Berg (@MikeKBerg) March 8, 2022