Fiat money printing by USA and most nations as well have man-made paper currencies bloated too much cash chasing too little resources
Too much man created cash out of thin air without gold backing and population growth are chasing limited and finite resources will push prices upward
Inflation might still morph into hyper inflation for all
It was said in Germany's Weimar during a bout of hyperinflation some one ordered a cup of coffee, sat down and then after finished drinking it decided to order his second cup. To his shock and surprise the cashier told him the price of the second cup of coffee has just doubled up by 100%
In July 1st we will see price control removed from chicken, eggs and cooking oil and will see high food prices ahead
That is why we must invest in Palm oil shares to protect from the ravages of inflation
Cash in banks is sitting ducks where the risk of value being eroded by high inflation will lead to lesser and lesser purchasing power for all panicked into cash which is a no no
do invest wisely with ur hard earned money! many singkalang sifu in I3Forum! fyi, chicken price has increased from RM10/kilo to RM14/kilo! that's a deep cut on ur purse n a hard knocked on ur head!
the singkalan sifu only thinks palmoil is the only hedge for in inflation What a joke!. Must have bought so many palmoil shares until cannot unload to victims
do invest wisely with ur hard earned money! many singkalang sifu in I3Forum! fyi, chicken price has increased from RM10/kilo to RM14/kilo! that's a deep cut on ur purse n a hard knocked on ur head!
14 hours ago
Over the weekend, Mabel's Gardener request for a raised. Mabel gave him 40% Raised..
Meow
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Posted by 无风不起浪,洞察不寻常 > 2022-06-21 11:57 | Report Abuse
Ray Dalio's.
economic cycle.............