Inflation Runs Hot and Consumer Prices Explode!

August Inflation numbers came out today and shocked Wall Street and Bankers. Economic collapse is near with CPI at 8.3%, inflation was hotter than expected and consumer prices have exploded. Wall street had a huge sell off with most indexes down 3-4%. This gives the Fed the ammunition it needs to raise interest rates next week, maybe up to 100 basis points or 1%. That would be unprecedented.
#inflation #cpi #fed
Keep Your Ear to the Ground, and Head on a Swivel!

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Articles:
https://www.zerohedge.com/markets/there-no-good-news-across-report-shocked-wall-street-reacts-todays-shocking-cpi-print
https://www.zerohedge.com/economics/us-consumer-prices-blow-away-expectations-rise-27th-straight-month
https://www.zerohedge.com/markets/hot-cpi-sparks-market-turmoil-100bps-rate-hike-odds-spike

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Food shortages are here and will get worse. A dying dollar means you will be able to buy less. Grow your own food to combat the food shortages.

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