Inflation is rising again, page-144

The REAL causal variable behind inflation:




What's the correlation coefficient of those two data series?
0.98, maybe?


Diesel is the silent the workhorse behind every single economy in the world.

As Doomberg says:


The West hasn't built refineries for almost 40 years; instead it has been shutting them down.

Watch those refiner margins rise and watch that diesel price do likewise.
Then watch the ensuing inflationary pulse [*]

You heard it here first.


[*] And of course, then watch the adherents of the "FOSSIL FUELS BAD" religion scramble to look for the next distraction on which to apportion the blame for the inflation.

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