ALERT: Robert Kiyosaki Drops TERRIFYING Bombshell
Robert T. Kiyosaki is an American businessman, investor, and best-selling author. One of his most popular books is “Rich Dad Poor Dad” and it’s a great educational tool on the way to financial freedom. Kiyosaki is well known for revealing the truth about money and finances that they don’t teach in any school.
Kiyosaki just issued a dire warning and explained how to prepare for the looming disasters we are facing under the Biden administration.
Kiyosaki said that people should be stockpiling food right now. As the diesel supply in the United States and elsewhere plummets, so will deliveries of food and necessities.
A low supply of diesel fuel means a higher fuel price which means higher delivery costs. This could add to the looming hyperinflation threat we face and make eating unaffordable for many consumers.
Inventories of diesel have sunk far below emergency levels, and EIA data showed that the United States had only 25 days’ supply of diesel left in reserves as of three weeks ago — a low not seen since 2008. Obviously, refineries are continuing to add to that supply, but are they adding fuel quickly enough to remove the threat of hyperinflation?
“Ahead of the holidays, this will be something that keeps the price of goods higher,” GasBuddy’s Patrick De Haan told CBS News according to Markets Insider, referring to diesel at $5.30 a gallon highs. “Consumers won’t feel it when filling up with gasoline, but as they shop for the holidays, the cost of goods will be higher. It will contribute to some level of inflation,” he added, noting that Amazon has turned to the use of more planes and has raised the price of Prime membership at the same time.
What’s the number SAYING if not how many DAYS we have? It’s saying the market is tight, and challenged, and it demands attention. Again, it DOES NOT signal that we’re definitively running out in x days.
— Patrick De Haan ⛽️📊 (@GasBuddyGuy) November 3, 2022
Ed Hirs, a University of Houston professor of energy economics suggested there’s no reason to panic about the low US diesel supplies, as reserves are topped up on a rolling basis. “Inventories of diesel and gasoline are down below five-year averages, and if the entire world were to stop, we would have 25 days worth of diesel. But the world doesn’t stop. We’re not counting on it stopping,” Hirs told CBS MoneyWatch.
“Your grocery store may have an inventory of three days of milk. That’s because they only have three days’ worth at any given point. But the cow keeps milking, the farmer keeps sending milk, the dairy keeps delivering,” he said.
So basically, the experts are telling us not to worry, it’ll just be hyperinflation that becomes the end result of a low diesel fuel supply.
H/T: AMERICAS FREEDOM FIGHTERS
God Bless.
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