Are Manufacturers Ready for More Inflation?
msimold
History has shown on full display for centuries what a fiat currency end game looks like. Americans and international holders of dollars are starting to understand currency debasement, and the end of the game is approaching us.
During 2020-2022, the explosive inflation of the currency supply combined with the sudden shut downs of supply chain networks created one of the most confusing and stressful market price discovery periods in our history. By the time productive people decided that they had enough of lockdowns and tried to get back to living their lives the U.S. government, in 2 years, had printed an additional $6 trillion of fiat currency dollars. It took 179 years to get the first $680 billion into existence from 1792-1971 because the dollar was officially redeemable for gold and could not be printed into existence without adding gold reserves to back it up. After 1971 it took 49 years for the creation of the next $14.8 trillion from 1971-2020. That means 25% of all dollars in existence today were created in the 2 years 2020-2022. With supply chains that dried up from unconstitutional lockdowns and explosive amounts of new currency chasing a scarce amount of goods and services we saw the very predictable result; a severe loss of purchasing power in fiat dollar terms.
Good manufacturing companies should get prepared for another round of currency inflation. Inflation is NOT rising prices. Rising prices are the RESULT of the inflation of the supply of dollars circulating in the financial systems… and it looks like we are heading there again.
