The K-Economy Exposed: Why Inflation Keeps Crushing the Middle Class
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Inflation’s up, oil’s up, and how do we beat? How do we win? How do we beat this K economy that everyone’s talking about? Okay, first and foremost people, okay, this is a problem that’s been around. We’re gonna go back, I’m gonna go back turn of the century and I’m gonna break it all down for you. This doesn’t matter whether you’re an elephant or you’re a donkey.
They’ve been whacking us. Both the elephants and the donkeys have been kicking our ass with inflation and higher prices for a long time. And we’ve talked about it and we’ve dealt with it here on the program. First and foremost, wholesale prices up 0.7 % in February. 3.4 % right across the board. The numbers were horrible. The numbers absolutely horrible when it comes to inflation. And let me just
It’d be a bearer bad news, okay? But these numbers aren’t really even including. They’re really just the tip of the iceberg when it comes to what oil is going to do. Oil prices have continued to move higher, continue to move higher. And what we’re also seeing as well as we’re seeing a divergence in oil prices.
from what we’re paying here in the United States and Brent crude, is being paid over in Asia. Many people will say, oh, no big deal. Look at ours is only at $98 a barrel. Meanwhile, over in Asia, Brent’s $110 a barrel. We buy things from Asia.
We buy things from Asia. Well, what would you think? We are a completely self-sufficient economy here. We’re not. And it’s going to drive prices higher. All right. What does this mean? What is the K economy? Do you remember back in the day with Sesame Street, Sesame Street, remember they’d have the letter of the day? You’d have Grover or.
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and bird or whatever would come out and the letter of the day is we’re gonna the letter of the the past 25 going again 26 years has been the letter K now we have explained it more like a lowercase K up until the past five years when it’s most certainly an uppercase K now what the hell is Markowski talking about this K what does that mean we all
Top of the spectrum continues to go up. Asset holders, stock bonds, real estate continues to go higher. Everyone else, not so much. They’re not participating to that great of a degree. We have been talking about this. We talked about this in problems with the government inflation numbers. We’ve told you about our inflation index, the…
Markowski Investments Bare Necessities Inflation Index, the stuff that we have to buy every single day. there’s a phrase that politicians use now, they talk about the affordability crisis. We’ve got affordability crisis and they’re not wrong. And it’s been getting worse instead of better. I know you get members of the current administration, they’re spiking the football, hey, tackle the inflation.
No, didn’t. No, you didn’t. You haven’t tackled inflation. The only way we’re going to tackle inflation in this country is if we get our fiscal house in order. And we’re nowhere near that. Nowhere near that. Not even close, bud. No, we’re not even close to doing that. We are going to spend over a trillion dollars this year on interest payments.
on our debt. What I’m hearing is that the first supplemental Iran war package financing, whatever it may be, they’re going to put additional 50, $50 billion on the credit card could be 100 billion. You know, 50 billion is not going to be enough. They’re going to come back again, and it’s going to be more.
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And again, we assume the position. We assume the position, we bend over like Kevin Bacon in Animal House. Whack, thank you sir, may I have another? Whack, thank you sir, may I have another? And we continue to take it.
We continue to take it for whatever reason these people in DC have got us figured out here in this country. They’ve turned politics into a sporting event. And for some reason people, I don’t know, they get gratification if they’re guy, they’re guy, they’re party, they’re animal, they’re donkey, their elephant is getting what they want at that point in time. Meanwhile, we go further and further.
further into debt. I’ve explained this ad nauseam here on the show and on the podcast and prove me wrong.
Prove me wrong. 2.1 % GDP growth. 2.1 % GDP growth last year. Sucks. Sorry. Not good.
It’s not good. You think that Trump ran, we’re gonna bring in 2.1 % GDP growth. No, no, no, no, we were gonna cancel inflation, we were gonna end wars, we weren’t gonna engage any wars, and we were gonna grow the economy. Hey, just a couple months ago, he was telling us he could grow the economy by 25%. Right, right.
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It’s the same thing, people.
It’s the same thing. It’s bottomless pit, trillions of dollars in wars. And again, prove me wrong. Take a look at GDP wrote since the turn of the century until today. And why don’t you take a look at it from Ronald Reagan. Ronald Reagan, no, the 20 years prior.
Look at the 20 years prior. Which would you rather have? Okay?
You rather have the Reagan Clinton years, okay? Yeah, you got a little bush there in the middle. Or what we’ve had for the past 25 years. That is why it’s a K-shaped recovery. That is why so many people in this country feel like they can’t get ahead. We’ve known this. We understand the terrain.
What I’m saying here to you today, I’m saying over 20 years ago, here on this program, you need to own assets. You need to have your money working very, very hard for you. Use it or lose it. That’s the economic reality. This is where we’re at. This is the terrain. Okay? And let me tell you something, people. Okay? I gotta be honest. I don’t see any fricking light at the end of the tunnel.
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I don’t. I don’t see anything changing anytime soon.
Watchdog on wallstreet.com. Watchdog on wallstreet.com.
