Inflation’s Collapse

[furrowtickler]

[furrowtickler]

and every single thing we need to buy is up tremendously

I don’t give a hoot if Zuterberg just lost 71 billion, could give a ***
But where do we , the common people stand ???l
Where will your kids / and grandchildren be when , guess why not one penguin 🐧 will be saved but your grandchildren eat Buggs FFS. Holy *** I can’t believe this garbage

[Old Cowzilla]

Got 20 % more for my yearlings off the grass than a year ago I'm thinking weak CAD had something to do with it.

[jazz]

Got 20 % more for my yearlings off the grass than a year ago I'm thinking weak CAD had something to do with it.

Told ya all to short the loon a year ago.

[sumdumguy]

Meanwhile in North America we have a two ring circus 🤡 lead by a drama teacher , a journalist here in Canada , and an 80 year old with dementia that has no clue wether to shit or go blind all focused on climate change and woke agendas

You said it all Furrow. We are doomed until the “Great Right Recovery”.

[biglentil]

GBP Futures halted.

Pound Flash Crashes 500 pips To Record Low Amid Global FX Carnage As Things Start Breaking | ZeroHedge

If this can happen to the British Pound, it can happen to any currency.

Errol do you think deflation is their concern in the UK?

[sumdumguy]

1 pound is worth 1.48 Cdn dollars. Same as 1985.
Some one can post the chart?

[shtferbrains]

Yen might be worse

[errolanderson]

GBP Futures halted.

Pound Flash Crashes 500 pips To Record Low Amid Global FX Carnage As Things Start Breaking | ZeroHedge

If this can happen to the British Pound, it can happen to any currency.

Errol do you think deflation is their concern in the UK?

Anything with supply chain issues is battling price gouging, (that's not inflation as gouging can disappear quickly). Anything that is not battling supply chain issues is clearly deflationary.

Case in-point . . . one month ago natural gas was $10 per MMBTU, today $6.60 per MMBTU. King crude sliding below $77.50 per barrel on-the-spot. Gold based on USD broke $1,625 per oz overnight. Bottomline, commodities now in-collapse. Grains holding up on Putin. But palm oil in huge selloff in Asia as China economy in-recession.

Fed policy is an absolute mess (IMO). Core inflation data is as much as 3 months old. U.S. and Canada clearly in-recession no matter the BS in the media . . . .

[biglentil]

Please bring on the deflation you've been calling for for years now.

[errolanderson]

Money printing inspired inflation creating false economics and overvaluations that has exploded in the past five (5) years is over . .

The U.S. Fed policies ballooning artificial stock market values and home prices (pay me now greed and worry about the future later) has now clearly come home-to-roast. This may be a very deep and long recession. Stock recovery may take years . . . .

[Happytrails]

. Anything that is not battling supply chain issues is clearly deflationary[/QUOTE]

Anything without supply chain issues must not be a scarce resource. I can't see any goods falling into that category. Maybe some services. (university professors?)