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Inflation is rising again, page-154

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havingfun

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27/09/23

21:25

Post #: 70061986
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Originally posted by madamswer: ↑

The REAL causal variable behind inflation:

View attachment 5620559

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:
View attachment 5620568

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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it’s under control joe has plan
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