USOIL chart & US inflation Ticker below
Here is the cause of inflation - OIL
As its price rises, initially, nothing changes ( Arrows)
But once the increase in cost is begun to be felt
Retails prices rise to cover increase costs of manufacture, transport, staff
Staff demand more wages so they can buy goods
Repeat
Then The FED comes in , raises the cost of Borrowing, putting pressure on retail to LOWER prices so that the Pubic can buy goods
Note how the price of oil drops PRIOR to the effects of raises in interest rates
HERE is your Problem
Also, take note of the contract that the Petro$ had and that has now been Stopped by OPEC countries. The OIL charts over the next few years are going to show some interesting patterns I thinnk
As its price rises, initially, nothing changes ( Arrows)
But once the increase in cost is begun to be felt
Retails prices rise to cover increase costs of manufacture, transport, staff
Staff demand more wages so they can buy goods
Repeat
Then The FED comes in , raises the cost of Borrowing, putting pressure on retail to LOWER prices so that the Pubic can buy goods
Note how the price of oil drops PRIOR to the effects of raises in interest rates
HERE is your Problem
Also, take note of the contract that the Petro$ had and that has now been Stopped by OPEC countries. The OIL charts over the next few years are going to show some interesting patterns I thinnk
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