as the shrub said while speaking about some other mess during his reign, this babies going down;

With the US government releasing official inflation numbers today at the “shocking” level of 8.6% (via the CPI) — with real inflation now well over 20% — it is only the oblivious morons who were surprised. The intelligent, informed people who read independent media have known about exploding inflation for over a year. We also know something that the conventional economists pretend doesn’t exist: that money printing causes inflation.

Now, the inflation is undeniable even to the deniers. Fuel price increases, for example, are now sitting at 75% year over year.

Thanks to these numbers, the markets went into a full panic today as even the low-IQ corporate media economists realized the Fed is going to aggressively hike rates in response to this inflation. (Yes, they only just now figured this out. While indy analyst Gregory Mannarino has been screaming this would happen for months…)

The next Fed meeting will likely result in a 75 basis points increase, or 0.75%. This will, in turn, absolutely hammer real estate, very likely thrusting America into a bona fide real estate market collapse accompanied by plunging land prices in most areas. Similarly, the increased cost of borrowed money (stemming from raising rates) will make stock market speculation far more expensive, meaning a certain pullback in stock valuations, despite all the Fed’s money printing.......more.......