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That's a rather extraordinary claim, would you have a source for that?


In the last 12 months:

Nasdaq 100 - up 40%

Cotton - up 25%

Corn - up 40%

Gold - up 15%

Silver - up 25%

Steel - up 30%

lumber - up 100%

Copper - up 46%

Aluminum - up 22%

https://markets.businessinsider.com/commodities


That's not "nearly everything". Most people don't spend their salaries on lumber or copper. If anything, it shows how little the prices of raw commodities affect consumer prices.

It's also hardly evidence for impending hyperinflation. For instance, aluminum is massively cheaper than in 2008, and copper is still quite a bit below the 2011 level. Commodity prices always fluctuate massively.


Corn is much lower than it was 8 years ago, steel is at the same level as it was in 2018/2019, lumber only up 50% from last peak in 2018 (and price fluctuates a lot currently).


It seems you forgot a few items: bitcoin, bread, milk, chicken, pork, eggs, apples, sneakers, jeans, jackets...


There is one thing that has not gone up.

Salaries.




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