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Fabricated CPI, is it really 7.5%
The Fabricated CPI came out today. I believe they got it wrong.
Inflation will continue. Buy, Buy, Buy Now, there won't be enough supply.
lies. Earlier in the week Stubhub reported high demand with limited tickets and seat selling tickets at exorbitant prices. 48 hours later, too many tickets not enough demand, prices are falling.
What will it take for inflation to end. corporations have been testing the water for the past 1.5 years. People are still buying. But what happens, when they overprice and the average American can't afford the prices anymore?
When the Fed raises interest rates, they will pass on the cost to the customer, with no loss to their huge profits. When is enough enough?
When people can't afford it anymore, corporations will be forced to lower their prices and the entire house of cards will come down.
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