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5 Signs That America’s Raging Inflation Crisis Is Accelerating

The pace at which conditions are changing is catching a lot of people off guard. Here in the United States, we have been in a low inflation environment for most of the past four decades, and so many Americans don’t even have a frame of reference for what a highly inflationary environment looks like. But now we are facing an inflation crisis that is unlike anything that we have seen since the Jimmy Carter era in the 1970s. In response to the COVID pandemic, governments around the world have been borrowing and spending colossal mountains of money, and global central banks have been absolutely flooding their respective financial systems with new cash. These measures were taken to stimulate the worldwide economy, but in the process a horrific inflation monster has been created, and it will not be tamed easily. In fact, national governments and global central banks continue to do the very same things that created the horrific inflation monster in the first place.

Full Article: https://www.investmentwatchblog.com/5-signs-that-americas-raging-inflation-crisis-is-accelerating/