OPER - Inflation Will Roar Again - And Probably Soon

• From March 15, 2020 to year end, the U.S. Dollar Index was down over 12%. It rose in the first quarter of 2021, but the Index is down 1.2% so far in April after the Fed reiterated that it won't raise rates despite forecasts that the U.S. economy will likely recover faster than its peers.
• The latest inflation figures show a rapid escalation to a 1% (monthly) rise in the Producer Price Index, which is a 12% annual rate. The major commodity price indexes are soaring at double-digit annual rates. It's only a matter of time until producer prices translate into consumer prices.
• Since we haven't been able to spend on overpriced restaurants and entertainment, travel or cruises, we've saved up a lot of money. We have lots of cash and we're itching to spend it - a classic formula for inflation.

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