Where do you think we are right now?
(hint: the government numbers are fudged...)
Discussion
I’m literally listening to this answer: https://fountain.fm/episode/Sz0mMMsN8R1pzIk9Dazd
Walking / galloping
Inflation has easily been 20%
Walking Inflation
Feels like a gallop
Step 2 in West, 3 or 4 elsewhere
Inflation is always personal. Yet, at this point, if inflation is priced in bitcoin and/or gold, we are galloping on our way to an all bets are off type of price inflation
We're galloping, like a zebra escaping a lion
3-10%
10%
Prices deflate for me.
About 50% per year typically.