Prices in Japan are soaring: The cost of rice jumped +98.4% year-over-year in April, posting the biggest monthly jump since 1971. This is an acceleration from the +92.1% surge recorded in March. Energy prices rose +9.3% after the phaseout of Japanese government subsidies for gas and electricity.

by

in

The Keynesian fraudsters at the BoJ have outdone even the Fed when it came to Money Printer Go BRRRR. Now inflation is manifesting. Central banks can’t print food or electricity.

submitted by /u/Boo_Randy_II
[link] [comments]


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *