The Bloomberg Commodity Index just surpassed the 2022 energy crisis peak, +28% year-to-date across energy, metals and agriculture simultaneously.
This isn't sector rotation, this is broad-based commodity inflation making a comeback.
And when input costs rise across the board, everything downstream follows: food, fuel, manufacturing, rent.
The Fed spent two years telling you inflation was under control.
The commodity market just called that bluff. Hard assets aren't a hedge anymore, they're the obvious trade.
- mog
$22.7 trillion.
New all-time high.
And your salary didn't move.
That's the quiet tax nobody votes for, monetary expansion that inflates every asset you don't own and erodes every dollar you saved.
This is why people who stayed in cash got poorer while people who held BTC, real estate and equities got richer.
It's not luck. It's just understanding what the money printer does to purchasing power over time.
The number will be higher next year too.
Act accordingly.
- mog