Genesis 41:53-57 – “And the seven years of plenteousness, that was in the land of Egypt, were ended”

 

Inflation: It’s Here To Stay

The inflation rate is determined by Consumer Price Index (CPI) released by the U.S. Bureau of Labor Statistics (BLS). This information doesn’t actually update until a month or two later.

To convert prices while accounting for inflation, use this inflation calculator.

The current inflation rates is at 5.25%* as of September 2021 and subject to change so keep that in mind.

I actually believe inflation is much higher than what is being made public!

 

 

 

The years with the largest changes in pricing were 1917 (15.12%), 1918 (14.78%), and 1920 (13.51%).

2021 and the coming years will follow suit with the largest changes in pricing.

There’s an underappreciated side effect of all the disruptions across global supply chains.

The cost of producing and distributing everything from furniture, foam to cars and machinery is rising.

 

 

All we hear about now are shortages bundled with inflation. Logistical problems have contributed to the scarcity of goods.

The supply chain issues are now so severe that delays and delivery times are at their highest in decades in many places.

Prices and delivery times keep inching up.

But there is a cost to consumers as producers try to keep their manufacturing expenses down.

 

 

Consumers see rise in prices

The perfect storm making everything you need more expensive. Houses, cars, diapers and toilet paper.

Prices are rising almost everywhere you look.

What is certain is that, for now at least, inflation is back and it’s widespread.

 

 

 

Commodities are not the only factor driving prices higher, however.

Logistics and labor costs have also increased and a shortage of workers in some industries could intensify pressure on companies to raise wages even further.

With price hikes apparent on store shelves and in official data, inflation expectations among businesses and consumers are rising.

 

 

The risks of inflation rising on a sustained basis are much higher in the United States than in Europe?

J.M. Smucker also increased the price of its Jif peanut-butter products in August.

Consumer interest is rising as the products are getting increasingly difficult to obtain because of a shipping-container shortage and port congestion.

 

 

My thoughts

Inflation is not going anywhere and I’d be setting you up if I said differ.

One thing you can count on is a continue in price increase on all products and services.

I will not tell you what you want to hear but what you need to know.

There are ships sitting on the coast of Los Angeles, CA at least 50 or more!

 

 

By the time produce reach the grocery stores, it’s already spoiled or past its “use by date”.

Things are not going to get better in the shopping industry either. Truck drivers are quitting their jobs as well as retail employees for obvious reasons of not wanting to put something in their body against their will.

You cannot run a business without people. People like to deal with people.

Expect to see rationing at grocery stores, gas stations and more due to supply chain woes! Which are man-made.

 

 

DISCLAIMER: I am not a financial adviser. This site is for educational purposes only. It is imperative that you do your own research. I am sharing my opinion from personal research and experience with no guarantee of gains or losses on investments, finance etc.

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