Peak Prosperity, Released on 9/16/23
Believe it or not, the current bout of inflation is worse than the bad old inflation of the 1970’s. Hyperbole? No, because when we look at a long-term chart of CPI-adjusted prices we see that the last two years have the steepest slope on record. But anybody who’s been shopping already knows this. You can easily fit $150 worth of groceries into a single paper shopping bag now. It’s depressing and alarming.
Christopher Martenson is a former American biochemical scientist. Currently he is a writer and trend forecaster interested in macro trends regarding the economy, energy composition and environment. He is the founder of PeakProsperity.com. As one of the early econobloggers who forecasted the housing market collapse and stock market correction years in advance, Chris rose to prominence with the launch of his seminal video seminar which later became a book called The Crash Course. Chris’ latest book (co-authored with Adam Taggart) is called Prosper!: How to Prepare for the Future and Create a World Worth Inheriting.