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If the Inflation Spike Surprised You, I Have Some Bad News
But here’s the good news: you still have time to avoid the very worst scenario.
I’m sick of reading headlines about how the recent spike in inflation rates has surprised everyone.
To begin with, it is not surprising to anyone.
It’s not even close to be a surprise. Some journalists just use the word “everyone” because they have the heinous habit of generalizing flaws they observe within their bubbles.
I am not an oracle. I’m just a normal guy who dropped out of the school of economics to pursue an entrepreneurial career. But even I, the most ordinary person, have been talking about this inflation spike for quite some time.
If you are a regular reader of my articles, you are probably aware of this.
- One year ago, in May of 2021, I wrote this little guide about how you can benefit from the incoming inflationary wave.
- Also one year ago, in another article, I listed 4 industries that will benefit from the inflation spike in the next few years.
- A few months later, in July of 2021, I warned that the velocity of money was just too low, and once it accelerated, even slightly, inflation would go BOOM.
This last article ended with this paragraph (sorry for quoting myself):
Investors cashing their profits will be tempted to use their once-stimulus money for what was the original purpose of it: to buy consumer goods.
When that happens, however, not only the economy will be almost back on track, but the money volume tripled.
What happens when 1.5 trillion dollars is used on a spending spree for new cars, houses, holidays, $4000 Italian shoes, and so on?
The 2022 Inflation Spike Surprised No One With Some Common Sense
Yes, this regular guy who writes for Medium and some random small business blog and uses AI to narrate his Youtube Business Channel because his accent is too strange warned you about the inflation spike.
But not only me. More eminent figures, such as Michael Burry and billionaire Ray Dalio, have also predicted a decline in currency value.
So how dare economists from UBS or other large banks say that inflation surprised…