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This can definitely not be a coincidence.
The current inflation situation in the United States is eerily similar to the period from 1970 to 1980.
But this is not the only common point.
During 1970-1980:
Oil prices rose.
Conflicts escalated in the Middle East.
Gold and silver prices surged significantly.
The U.S. economy was in stagflation.
Compared to today, each of these points is astonishingly consistent.