Who can remember the 70s?? I can´t. I wasn´t born yet. But what I have been told about the inflation was pretty horrific. Well, no need for a history lesson, history is about to repeat!!
I got emails from my 2 biggest suppliers this week warning me of gigantic price rises as well as almost no availability in all of H1 2022 unless I order now. Prices of our raw materials already went up in H2 2021 substantially, but 2022 is looking far worse.
Take a look at this graph of European inflation.
https://tradingeconomics.com/euro-area/inflation-cpi
This is only the CPI ( Consumer price index ) and is generally believed by people on the ground to be grotesquely deflated in value. Literally if you are holding onto fiat currency you are silly. Crypto is the way of the future, and soon I will post some news about how to get started.
Enjoy the inflation guys, hopefully you all have credit loans locked in at extremely low interest rates for many years!!
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Cube Cubis