Below is a chart and brief excerpt from today's Early Look written by Hedgeye CEO Keith McCullough.

Back to The People and how they’re going to quite literally eat a higher cost of living while being unemployed. This is how the Fed and their fan club will never explain it to their fellow Americans:

A) The Fed CTRL +Prints US Dollars to “Infinity” and beyond… so that
B) Eventually most people chasing benchmarks need to believe they’ll “buy anything”… then
C) The Dollar goes down, faster, and Commodities, Rent, Healthcare Costs, etc. go up in… drumroll… Dollars

So easy a Mucker can explain it. Yes, that’s with an M. And, no, one of my chief bean counting Partners (Darius Dale) and I aren’t going to waive off what’s really happening here to The People as nothing. We didn’t grow up “rich.” We get that too.

Let them eat empty carbs? C’mon man.

CHART OF THE DAY: The Poor Cannot Eat Bitcoin - Chart of the Day