Thread by @BambroughKevin

One of the biggest ‘scams’ many governments have pulled on their hard working citizens is they way they agreed to report and manipulate the inflation statistics.

The rich and powerful can easily invest and benefit from inflation of all types and have prospered greatly under this ‘system’. Meanwhile the middle class and below have suffered greatly.

In the 70’s many removed house prices from their inflation numbers and put in place rents instead. Low inflation numbers encourage low interest rates and drove up housing prices to insane levels making massive profits for those already in but created risk and heart break

For would be first time buyers. Now we have crazy university and college tuitions and nose bleed housing prices so our youth our saddled with debt and many will be life time rent payers not owners

All those with jobs indexed to bullshit inflation stats have be crushed under this system. Minimum wage has not even come close to keeping up with real inflation. Retirees lucky enough to even have pensions know well that they income doesn’t keep up with the bills

Prudent savers have been screwed and forced to gamble their savings or accept yearly inevitable losses as most things go up in price vs the near nothing interest rates earned. It’s crony capitalism at it worst.

Our leaders supported with huge campaign donations from the financial sector preach discipline and sacrifice for the masses but are quick to bring trillions to bail out the leveraged Wall Street ‘casino’ owners at the first hint of trouble for them

Each up cycle the bonuses and excessive pay ramps up to new heights for those that got the biggest bail outs just a few years prior. We socialize their losses and then gift them huge private profits. And these profits to a large extent come purely from central bank printing

The low yields push stock values up, and of course result in huge capital gains profits for the ultra wealthy. But they deserve it don’t they.. cause they are so smart. BS. They are just players acting in collective self interest to game the system.

On top of it all... they pay capital gains tax or shelter gains with offshore strategies so that they pay little tax on a relative basis, have gobs more disposable income to save and the ability to out invest and compound their wealth so that the classes divide to extremes

It’s truly amazing how wealthy the 0.1 percent is now and even the 1 percent on a relative basis. What gets me most as the lack of appreciation for fairness and recognition of the extremes that exist. Many are against collective bargaining and anti union, anti minimum wage etc

Sad thing is I think things are gonna get worse still before they get better. Real inflation is going to break free soon and it won’t be easily tamed. I expect lots of turmoil and supply disruptions as a result. The printing is gonna continue until its hugely unpopular

Printing won’t become hugely unpopular until their is ramped inflation and the middle class is pissed about it. I think that’s gonna happen this resource cycle. Might be 5-10 years to play out. Maybe 15 at the max. But it’s coming. Major inflation pain is the path we are on

One trend will soon be hoarding via financial instruments. The $AMC and $GME squeezers, and $TSLA lovers will soon be looking for other squeezable things. I believe #uranium will get gamed and eventually many minor metals especially EV related ones

I’ve had a few calls of late with major funds looking for inflation protection. #uranium will prove to be go to for many