In July 2020 we explained that “inflation is back, with a vengeance.” And “Why inflation must get out of control.”
In August 2020 we highlighted that central banks had broken the taboo of outright financing government deficits, which would unleash inflation’s true driver.
And in April 2021 we warned “How government and central bank stimulus will overheat the global economy.” Inflation began to surge that very month.
By late 2022, inflation in the UK hit double digits. And prices rose by 20% in just three years.
But the money in your pocket wasn’t the only thing devalued. Stock markets and bond markets especially crashed. In the US, it was the worst period for investors, ever. Yes, including the Great Depression.
We helped readers sidestep this crash by providing them with inflation-proof investment recommendations. More about those in a moment. But first, is the inflation crisis already over?