Below is a chart and brief excerpt from today's Early Look written by Hedgeye CEO Keith McCullough.
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There once was a government that was not only trying to protect the assets of the rich, but also trying to win an election. They not only printed money, to infinity and beyond, but they spent it fiscally, in TRILLION US Dollar increments at a time… The government literally wrote checks (big checks) to The People, telling them it will all be ok, on the “other side” of a bridge, that includes its re-election. All the while, they had a lawyer from a place called Private Equity, running the printing press… Then, all of a sudden, seemingly out of nowhere – as if “no one” could see it coming – the prices of things in those debauched and devalued Dollars, went up – then they went higher and higher … and The People had to pay for those things, in their Dollars… #InflationAccelerating = Buy Commodities |
