Washing Thru

You don't really need to find out what's going on
You don't really want to know just how far it's gone
--Don Henley

On top of last week's evidence of price increases up and down the supply chain, wages are also on the rise. Signs of inflation continue to grow.

As Fleck noted on Monday:

"So it appears that folks are finally starting to become sensitized to rising prices, and once that happens it ought to be clear that prices have really been rising more than folks have realized for some time. Eventually it will be obvious to everyone that printing money leads to higher costs for goods and services after the money washes through the financial markets."

After the money washes through the financial markets. Great choice of words. It has taken a while for the trillion$ printed by central banks to be 'laundered' thru financial markets.

It is finally making it's way out of the laundry to a wallet (and price tag) near you.