Worst Inflation Since Volcker
Dear Reader,
For many months we’ve been warning you about a killer monster that would soon attack America: inflation.
Now it’s here. The worst since 1982.
That was 39 years ago, and back then …
It took a massive counterattack by Fed Chairman Paul Volcker to get it down that “low.”
He had to use anti-inflation nukes that no one — not Biden, not Powell, not even Hercules — would have the guts or the power to deploy today.
So, why is this inflation erupting so soon, so fast?
Actually, it’s not so soon.
It has already been incubating for more than a decade of reckless, rampant money printing — a pent-up volcano that was steadily building up more pressure with every passing day.
Now, finally, that volcano has begun to burst wide open.
And now, the whole concept of snuffing it out with moderate, cowardly policy changes is either a great pipe dream or …
A big lie.
The reality is that this inflation is unstoppable — not only because of the greatest monetary inflation in U.S. history, but also because of …
Wage-push inflation. Workers bypassing unions, banding together on social media and collectively demanding higher wages.
Others gleefully announcing to the world that they’re quitting.
Still others working remotely and hopping to higher-paying jobs without missing a blink on their home computer screen.
Demand-pull inflation. Free money everywhere. Trillions from the Fed. More trillions from Congress. Still more from rising wages. And what do people do with money? They spend it!
Supply-chain inflation. Not just caused by disruptions due to the pandemic. Also escalating trade wars with China, spreading conflicts globally, mass migrations and more. They all disrupt the flow of supplies.
Inflation-driven inflation. This is the worst-case scenario, and it’s here. Inflation feeds on itself.
You see, each type of inflation doesn’t just ADD to the magnitude and speed of price hikes, it MULTIPLIES the magnitude and speed.
Now, the big question is …
What do you do about it?
Wow! What a question!
Because the only answer you’ll get from the likes of Fed Chair Powell and the fat-cat bankers of the world is …
“Don’t do a thing! Just grin and bear it.”
Yeah, right! Who are they kidding?
Well, actually, as long as they give me interest yields that cover the buying power I lose to inflation, I might be able to bear it.
But right now, the average rate on the best deal you can get in a U.S. bank is 0.29%. (That’s on a five-year jumbo CD.)
So, at 6.8% per year, inflation is 23.4 times more than what you can safely earn in interest.
Or, think of it this way: All of the interest you could earn after an entire year is wiped out by inflation in less than 16 days!
Now, here’s the real deal …
Thanks to our friend Chris Coney, one of the world’s best DeFi educators, we have a far, far better solution.
And he gives it to you in his free first session of …
Instead of a meager 0.29%, he teaches you how to make at least 10% annual yield.
Instead of locking your money up for five years, he teaches you how to withdraw it anytime you want.
Instead of 10% being the best deal you can get, he shows you how it’s actually one of the lower-yielding opportunities.
All thanks to the new, rapidly growing world of decentralized finance (DeFi)!
All available right now.
To learn where and how, be sure to watch Chris Coney’s first DeFi MasterClass session.
Just click here and it will begin playing on your screen immediately.
Good luck and God bless!
