Hyperinflation is HERE Warns BILLIONAIRE CEO!
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Billionaire CEO John Catsimatidis said food prices will soar another 10%. John Catsimatidis is the CEO of Gristedes. He is also the CEO of United Refining Company and Red Apple Real Estate Group. He believes that we will see another 10% rise in food costs in the coming thirty days. This is very concerning when we consider that food prices, used car prices and real estate prices have been through the roof over the last two years and it looks to only be getting much much worse. Do you believe tJohn Catsimatidis on his forecast of a 10% rise in food prices in the coming thirty days? Remember that John Catsimatidis made this same prediction six months ago and it did in fact come true.
I believe hyperinflation is practically here after all the definition of hyperinflation is a term used when inflation rates exceed 50%. Used car prices are about 50% more expensive than what they were two years ago. Rent increased a whopping 18% in the last years and near 40% in some markets over the last two years.
This is a very concerning time in the economy however with concern comes opportunity. There will be great moments to invest and there are great moments to invest right now however this is not the market to speculate or gamble on things you do not understand.
How are you planning to make money during hyperinflation?
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