Hyperinflation is *NOW* Between 12% and 58% GLOBALLY!!
Here's How Bad The Global Economic Picture Really IS... Add me on IG @ThisisJohnWilliams
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Sources:
1) https://www.bloomberg.com/news/articles/2022-05-31/higher-for-longer-inflation-leaves-consumers-adrift-in-argentina#:~:text=That's%20an%20extreme%20case%20of,are%20taking%20off%20almost%20everywhere.
2) https://www.nytimes.com/2022/05/31/business/eurozone-inflation.html
3) https://www.marketwatch.com/story/german-inflation-at-highest-in-almost-50-years-271653912851
4) https://www.reuters.com/markets/europe/turkeys-recurring-currency-nightmare-strikes-again-2022-05-30/
5) https://www.reuters.com/business/mexico-inflation-21-year-high-central-bank-seen-hiking-rates-again-2022-05-09/#:~:text=Consumer%20prices%20rose%207.68%25%20in,INEGI%20national%20statistics%20agency%20said.
6) https://www.reuters.com/business/brazils-inflation-hits-highest-april-26-years-121-12-months-2022-05-11/#:~:text=Register%20now%20for%20FREE%20unlimited%20access%20to%20Reuters.com&text=BRASILIA%2C%20May%2011%20(Reuters),official%20figures%20showed%20on%20Wednesday.
7) https://www.axios.com/2022/05/31/biden-inflation-battle-fed-independence
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We are seeing massive inflation in America that many would argue is likely not transitory however what we are seeing here if a small issue when we take a large look at what is happening in the global economy. We are seeing hyperinflation in Argentina by 58% and many other South American countries such as Brazil, Mexico. We are also seeing record inflation in Turkey and Germany as well as many other countries around the world.
The big question is what are we going to do about it? How will we invest our money, what is the financial outlook and game plan for the smart and aspiring entrepreneurs? Will these smart entrepreneurs make strategic calculated investments to hedge themselves against hyperinflation as many economist and investors would argue that we are in hyper inflation or will soon enter hyperinflation.
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