Barclays Bk PLC iPath Dow JonesUBS Platinum Subindex Total Return ETN Exp 24th Jun 2038 V.PGM

RE:RE:RE:RE:RE:RE:RE:RE:RE:Cpi report points to transitory inflation?

[Welchspring]

Thank you for that statement.

The debt in the US has gotten to unbelievable portions. What is the ratio of US debt to GDP?

"At the end of the 1st quarter of 2021, the United States public debt-to-GDP ratio was 127.5%. According to the IMF World Economic Outlook Database (April 2021), the level of Gross Government debt-to-GDP ratio in Canada was 116.3%, in China 66.8%, in Germany 70.3%, in France 115.2% and in the United States 132.8%"
I belief the tipping point for any government is a ratio of 80-90% debt to GDP. After surpassing the 80-90% ratio your debt increases at an exponential rate. This is what is happening folks in many world countries. 
At the moment we are debating month to month comparisons on inflation. The bigger picture tells the story which is the amount of debt that is cumulating in the North America countries - Canada & the US. What does this do to the two dollars. The value of the dollars drops leading to less purchasing power. We have seen this happen in other countries. History indicates when you increase your country debt exponentially you are running the risk of inflation and hyper-inflation.