INFLATION!!!
Here is the latest from Michael Douville. Michael is call for home prices to continue to increase across the country per his cyclical timing model. The 18 Year Real Estate Cycle is reviewed. Michael points out where we are in the model. How much longer will prices continue to rise?
The mainstream press reports of “transitory” inflation. Or are we witnessing a full blown inflation cycle. Michael thinks inflation is here to stay for awhile. But for how long?
Inflation is occurring around the globe. Producers like China and Japan have inflation that is greater than our consuming inflation here in the United States. What does this mean for future prices here in the United States?
Inflation is showing no signs of slowing. Inflation is broad based across all sectors of the economy. We are currently on track for the highest inflation in 50 years dating back to the 1970’s. The majority of the population has never experienced this level of inflation.
What role does Demographics play in this scenario? Millennials (born from 1982-2000) are moving out of their parent’s basements. This is the largest segment of the United States population.
Millennials are starting to rent apartments and houses. Rent continues to increase year over year.
Millennials are getting married and families are developing. They will need to buy goods. And they will need to buy houses.
Home inventories across the country are the lowest in decades. There is a shortage of homes to buy. Building and construction pressures are mounting. Lenders are beginning to relax borrowing standards.
Click on the video below to get the details from Michael.
Revelation 6:5-6 When he opened the third seal, I heard the third living creature say, “Come!” And I looked, and behold, a black horse! And its rider had a pair of scales in his hand. And I heard what seemed to be a voice in the midst of the four living creatures, saying, “A quart of wheat for a denarius, and three quarts of barley for a denarius, and do not harm the oil and wine!”
Revelation 6 talks of a time when it will cost a day’s wage to eat. John the Revelator promises that hyperinflation is coming at some point prior to the return of Jesus Christ. Hyperinflation is on the scene prior to the onset of the Great Tribulation. Are we watching the dominoes being put into place??? Are we witnessing the seeds of hyperinflation? Be on guard and watch!
We are living in interesting times as the Chinese would say…
