Inflation Might Not Be So Transitory - John Rubino #5201

Published: July 13, 2021, 12:01 p.m.

b'Wells Fargo closes personal credit lines, implies they are worried about something. They\\u2019re even eliminating overdraft protection on checking accounts.\\xa0 $100 cheeseburger has arrived. Restaurants are imposing customer minimums or table minimums. Is that really wise? Are they so busy they can raise prices and not worry about empty tables.\\xa0 Everyone is putting in pools, it\\u2019s a form of prepping. If there\\u2019s another lockdown, at least you\\u2019ll get your exercise. It\\u2019s part of the trend of housing upgrades. Housing prices are up so much that maybe they\\u2019re using home equity lines. An unproductive exercise.\\xa0 \\xa0 Tucker Carlson being surveilled by NSA, he\\u2019s been under surveillance to set up an interview with Vladimir Putin. These communications were subsequently unmasked and were in the process of leaking it to other news outlets to smear him. They\\u2019re watching everyone, one way or the other. Then they ship it off to the justice department for criminal prosecution.\\xa0 \\xa0 Haitian president assassinated. Is there a US connection? Nothing to see here, move along.\\xa0 US is out of Afghanistan, finally. What was accomplished? Biden admin is going door to door for vaccinations. Sounds unconstitutional to us, but what do we know?\\xa0 Inflation might not be transitory. It\\u2019s not the inflation of the 1970\\u2019s, it\\u2019s causes are different. Messed up global supply chain. Massive amounts of currency created and continues to be created. WSJ says boomers retirement is inflationary. Flies in the face of traditional demographics.'