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Thursday, November 01, 2018

Sweet Jesus 2


Bloomberg via ZH:
While unsuspecting U.S. consumers continue to expect low, sub-2% inflation according to the latest YTD low breakeven rate, little do they know they are about to be blindsided by a coming inflationary shock, according to a new WSJ reportwhich notes that many U.S. consumer staple and industry-leading companies are either already in the process of raising prices, or have set concrete plans to do so in the very near future.
JESUS! I DO NOT EXPECT 2% INFLATION BECAUSE I HAVE MEASURED NINE PERCENT ANNUAL INFLATION OVER THE LAST FOUR YEARS. EVERYONE WHO LIVES IN THE FUCKING REAL WORLD KNOWS THAT INFLATION IS WAY ABOVE TWO FUCKING PERCENT, WHETHER THEY'VE MEASURED IT OR NOT. STOP WITH THE FUCKING FAKE SURPRISE. THIS WASN'T TRUMP'S FAULT BECAUSE IT HAS BEEN GOING ON FOR AT LEAST A DECADE. IT IS AN AUTOMATIC RESULT OF ZERO INTEREST AND QE. WHEN YOU PUMP INFINITE AMOUNTS OF FAKE MONEY INTO THE ECONOMY, YOU GET INFLATION. JESUS!