RE:Not so fun factsRemember,.. in 1980, we were not so indebted. Average morgage was much smaller and debt not so so big,.. so whey were able to rip the interest rates to 20%.. Nowdays, Turdeau put us in such a debt that every 1% increase would mean catastorphy. They are bluffing with those interest rate increases. We are heading in to hyperinflaiton
mattbigham wrote:
Annual US Supply Money Growth:
M1- 109% Y/O/Y
https://www.shadowstats.com/alternate_data/money-supply-charts
Consumer Inflation:
16% Y/O/Y Shadowstats Inflation/ CPI
Shadowstats chart shows CPI now higher than runaway inflation of 1980 levels when silver hit $50.35 on Jan.18,1980 (Comex intraday high)
https://www.shadowstats.com/alternate_data/inflation-charts
What is the highest inflation rate in U.S. history?
Since the introduction of the CPI in 1913, the highest rate of annual inflation in the U.S. was 17.8% in 1917.
US Debt in 1980: $907 Billion
US Debt today: $29.9 Trillion
Silver HIGH in 1980 USD: $ 50.35
Silver TODAY in 2022 USD: $ 22.39