OTCPK:PGMFF - Post by User
Comment by
Megamisteron May 11, 2021 1:58pm
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Post# 33174802
RE:Sea of Red
RE:Sea of RedLooks like some are taking note that inflation is really taking hold. Can't keep printing money and injecting it into the financial system and not expect inflation despite the government's BS that inflation (i.e. cost of living) remains low.
Let's face it, most governments, if not all, manipulate the data and stats so as to put themselves in a favourable light when they can. They often "cook the books" and spew false, misleading statements only to keep putting us deeper and deeper into the financial hole.
Furthermore, subsidizing COVID "stay at homes" with financial assistance in excess of what they would earn working has, and will continue to, negatively impact, supply chains and services.
Troubling times continue to exist despite increased vaccinations. Still believe a reckoning of significant sorts will ultimately play out.
Appreciate the heads up as to the market today!