Inflation’s Collapse

[sumdumguy]

She’s going to be a rude awakening. Canada squashed every opportunity to be an energy giant, now the Western World will suffer. Trudeau says , No, we can’t help Europe and we aren’t about to try either. Little green nose in the air.

[furrowtickler]

Fertilizer up big again last week
Where oh where is the inflation collapse??

[Taiga]

Fertilizer up big again last week
Where oh where is the inflation collapse??

I heard $1800 urea
Easy decision next year if so

[furrowtickler]

Interesting but no way to verify

[biglentil]

Weaponizing the dollar is accelerating the dedollarization of the east and hastening the demise of the reserve status of the greenback. Fk around and find out the saying goes.

[furrowtickler]

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

[errolanderson]

Major weakness in deferred crude oil contracts . . . Sept 23 contract just broke below $74 per barrel. Deflationary pressures now lighting-up-the-scoreboard . . . .

[wheatking16]

Major weakness in deferred crude oil contracts . . . Sept 23 contract just broke below $74 per barrel. Deflationary pressures now lighting-up-the-scoreboard . . . .

It looks rough.

72 incoming.

[crusher]

Diesel, parts, fertilizer. They be damn expensive. Not much relief there. The rest doesn't really matter.

[errolanderson]

Costco saying their shipping costs have come down considerably and they will pass-on to the consumer.

Diesel, parts, fertilizer sticky, but asset prices appear coming down, some quickly. Fed has blown it (IMO). Too aggressive with hikes, economy now in meltdown. Consumerism will take a huge hit, maybe that's good news.

[wheatking16]

Watch for a local top in the USDCAD and DXY either today or Monday.

A bounce in the stock market and a pullback in the USDCAD and DXY next week.

[TASFarms]

Major weakness in deferred crude oil contracts . . . Sept 23 contract just broke below $74 per barrel. Deflationary pressures now lighting-up-the-scoreboard . . . .

States might luck out. Don’t they have to start filling the federal reserve after October?

[TOM4CWB]

States might luck out. Don’t they have to start filling the federal reserve after October?

Apparently the US are waiting to fill the strategic oil reserves until next spring…

Cheers

[jazz]

errol at a Fed fund rate of approx 5-6%, the entire economy goes insolvent.

In 6 months they will be starting QE again and we will have to live with the return of even higher inflation. 1970s type numbers.

Inflation is a monetary phenomenon, always has been and the money printing is the culprit. Until budgets and printing are reigned in and taxes lowered to increase productivity, deflation not in the cards at all.

Do you see any govts reigning in spending. The EU is in the process of bailing out numerous companies. Other govts are sending inflation cheques to citizens. Trudeau spent close to 20B just in the past few months. Biden has 3 or 4T under his belt in the past 2 yrs.

[shtferbrains]

Apparently the US are waiting to fill the strategic oil reserves until next spring…

Cheers

Won't be Biden's problem.