College Enrollment Plummets Across America, They’ve Already Lost Control Of Inflation & They Know It (Video)
College Enrollment Plummets Across America, They’ve Already Lost Control Of Inflation & They Know It Video by Silver Report
College enrollment has been in decline for several years but we have never seen anything like this. There is a lot of possible contributing factors but as we examine the long-term fundamentals and rapid growth of the student debt bubble it seems like this was in the works for some time. This may be transitory however there is a lot of public backlash against some of the degradation of “higher education” which has become almost void of any virtue or morality. For whatever combination of factors, this is an industry that is offering an ever crappier product with a mean rate of inflation which is why maybe it no longer makes sense to take on enormous debts when job opportunities have not supported the extreme price of tuition.
Inflation is running much hotter than official statistics and looking deeper into the data it seems they have already lost control of inflation. The funny thing is they have the majority of people convinced there is no inflation despite the fact it is the central theme in the increasing need for more stimulus. Notice at a time when they keep mentioning the Super-V they are still in active negotiations over the size of the next stimulus and one look at government spending reveals the rapid accelerations in the rate of these increases. Hyperinflation could properly be understood to mean the point at which an issuing authority loses control over the value of fiat currency and is the inevitable destination for all fiat currencies. We have already lost control and just as they lost control over inflation they’re about to lose control over the price of everything.