Friday, April 23, 2021


Too much currency has been created in the last year.  Technically, too much has been created for a long time, but the rate of creation verges, now, on hyperinflation.  Prices spike at the same rate of increase in the amount of currency in circulation.  There's a lag, but the trends will look the same.

Today, I paid 3 times the amount to replace several items I bought a few years ago.  Other anecdotal incidents have been recounted to me, as well.  I sure hope this isn't indicative of how hard this currency inflation correction will be.  If so, each bump is going to hurt that much worse.