Inflation Might Not Be So Transitory - John Rubino #5201

<p>Wells Fargo closes personal credit lines, implies they are worried about something. They’re even eliminating overdraft protection on checking accounts.<span class= "Apple-converted-space"> </span></p> <p>$100 cheeseburger has arrived. Restaurants are imposing customer minimums or table minimums. Is that really wise? Are they so busy they can raise prices and not worry about empty tables.<span class= "Apple-converted-space"> </span></p> <p>Everyone is putting in pools, it’s a form of prepping. If there’s another lockdown, at least you’ll get your exercise. It’s part of the trend of housing upgrades. Housing prices are up so much that maybe they’re using home equity lines. An unproductive exercise.<span class="Apple-converted-space"> </span></p> <p> </p> <p>Tucker Carlson being surveilled by NSA, he’s been under surveillance to set up an interview with Vladimir Putin. These communications were subsequently unmasked and were in the process of leaking it to other news outlets to smear him. They’re watching everyone, one way or the other. Then they ship it off to the justice department for criminal prosecution.<span class= "Apple-converted-space"> </span></p> <p> </p> <p>Haitian president assassinated. Is there a US connection? Nothing to see here, move along.<span class= "Apple-converted-space"> </span></p> <p>US is out of Afghanistan, finally. What was accomplished?</p> <p>Biden admin is going door to door for vaccinations. Sounds unconstitutional to us, but what do we know?<span class= "Apple-converted-space"> </span></p> <p>Inflation might not be transitory. It’s not the inflation of the 1970’s, it’s causes are different. Messed up global supply chain. Massive amounts of currency created and continues to be created. WSJ says boomers retirement is inflationary. Flies in the face of traditional demographics.<span class= "Apple-converted-space"> </span></p>