After so many people made a fortune by following my investment advice a few weeks ago, I’ve been getting all kinds of inquiries about how to deal with inflation. Well, you’ve come to the right place. I waited in line to get a 12% mortgage back in 1985, and I once had a CD that paid 16% interest, so I am absolutely the guy to teach everyone how to deal with rising prices. Unlike all those so-called “experts” with their fancy “degrees” and years of “experience” in financial markets, I am a self-taught genius who does my own research. So, what do you want to know? What’s the real cause of all this inflation? Covid vaccines. What? How could Covid vaccines cause inflation? Just look at the facts here and it’s obvious. We were all dealing with Covid in 2020 and inflation was low, sometimes negative. Then, we started getting all those “free” vaccines in 2021 and, BAM!!! Suddenly, the CPI jumped 4% in March, 6% in May, 7% in July. The more people got vaccinated, the more inflation soared. Coincidence? I think not. Wait, what if it was a simple matter of people getting out more and spending more and overloading the supply chain? Hah! You’re one of those people who still believes in supply and demand? Where do you guys come from? In fact, there were a ton of shortages in 2020, but the only one we noticed was toilet paper. Nobody cared that the shelves were empty until they took the vaccines and, then, it was like Wile E. Coyote suddenly looked down. Shortages didn't cause inflation until they started forcing us to get vaccinated. Well, maybe, but didn't all those $trillion budget deficits play a part in creating too much demand? Absolutely not. Yes, the federal government has spent $6 trillion more than they took in since the pandemic began, but there is absolutely no reason whatsoever to believe that swollen pustule of largesse had anything whatsoever to do with raising demand and prices for anything whatsoever. Whatsoever. On the other hand, I heard from a friend of a friend that it’s all Joe Biden’s fault. Your friend is 100% right. Donald Trump pushed for Operation Warp Speed to create the vaccines, but he was smart enough not to create a distribution plan for them once they were developed. Then Biden got in and ruined the whole thing by distributing vaccines and causing huge inflation. No, I meant I heard it was his fault because oil prices are higher. Well, oil prices are higher across the world because people are getting out more, driving more, flying more, and buying more fuel. But that would never have happened without those dagnabbed vaccines, which are absolutely Biden’s fault. So when will all this inflation subside? Not for a long while, because we’ve added several new problems to the list. Russia’s invasion of Ukraine is affecting global food prices and there’s a new avian flu that’s killing millions of chickens, and we can expect more supply chain problems because China is closing half the country due to a new Covid outbreak…so don’t expect lower prices for food or any of the crap you buy on Amazon. Oh, and you should know that OPEC and major oil companies have decided to keep supplies low so they can maximize their prices, so don’t expect a ton of relief at the pump either. Basically, consumers are screwed. But what about investors? Maybe I could make some money off all this economic turmoil by buying some stocks. Absolutely not! When inflation goes up, the Federal Reserve raises interest rates to slow demand, which is bad for business and causes stocks to go down. Sell, sell, sell. Okay, I will sell all my stocks. Absolutely not! When the Fed overshoots and causes a recession, Congress will pump an extra $trillion or two into the economy to boost demand and stock prices will soar. Hold on to all your shares and buy more, more, more. Will do! Should I also buy bonds to take advantage of higher interest rates? Are you crazy??? When the Fed raises interest rates, bond prices go down and you’ll lose money. So I should sell my bonds? Are you crazy??? When the Fed overshoots and causes a recession, interest rates will plunge and the price of your bonds will skyrocket. Hold on to all your bonds and buy more, more, more. All of this is getting way too confusing. Isn’t there some simple way for me to make a killing right now? Did I mention that I’m selling NFTs of my kids’ old art projects? Absolutely guaranteed to be worth ten times as much in 2023 as they're worth today and I guarantee you will never owe capital gains tax when you sell them. Even better, you can buy as many as you want, since quantities aren’t limited at all. Just send me your cash and I’ll handle all the details. I only think I’m supposed to mention that your results may vary and that you should ask for a prospectus before investing, but I definitely know to tell you that you should click here to subscribe.
1 Comment
David Brimm
5/10/2022 02:18:18 pm
Time for your own CNBC finance show.
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Who writes this stuff?Dadwrites oozes from the warped mind of Michael Rosenbaum, an award-winning author who spends most of his time these days as a start-up business mentor, book coach, photographer and, mostly, a grandfather. All views are his alone, largely due to the fact that he can’t find anyone who agrees with him. Archives
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