Two very important pieces of information were released this morning:
At 20:30, the annual rate of the US CPI in March was non-seasonally adjusted, the previous value was 7.90%, and the expected 8.4% was announced at 8.5%.
As of 8:30 p.m., the U.S. reported a post-quarter adjusted monthly CPI of 0.80% in March, compared to expectations of 1.2% and 1.2%, respectively.
Among them, the annual rate of non-seasonally adjusted CPI in the United States in March exceeded 8%, reaching 8.5%, a new high since December 1981. This is the highest point in 40 years, indicating that our inflation is already serious. Serious.
Governments are printing money 50% faster over the past three years, including supply chain issues, Covid-19 issues, higher oil prices, higher food prices, and finally our inflation is getting worse.
At this rate of development, if our CPI soon exceeds 10%, perhaps in the near future, it may lead to a global economic crisis or a severe financial crisis.
What do you think about this?
Or how should we ordinary people deal with this potential risk?
Hope helpful hints, thanks!
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