American consumers are now facing 7%+ mortgage rates, 4%+ inflation, and a 30% loss in the purchasing power of the US Dollar since 2020.

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Financial records show that the U.S. dollar is worth significantly less today than it was in 2020.

Because of cumulative inflation over the last six years, $1 from 2020 now has the buying power of roughly $1.29.

This means consumers need to spend about 29% more money today to buy the same goods and services that were cheaper just a few years ago.

Borrowing money to buy a house remains difficult for most Americans.

Recent data shows average 30-year fixed mortgage rates are hovering around 6.7%, a high point for this spring.

Many buyers are stuck on the sidelines because they cannot afford the high monthly payments compared to lower rates from years past.

Government reports from this month show that inflation is running at 3.8%.

While this is lower than the peaks seen in previous years, it is still well above the targets economists usually like to see.

Rising energy and food costs continue to keep the pressure on household budgets across the country.

THIS IS WHAT THE IRAN WAR IS ACTUALLY COSTING A AVERAGE PERSON.

Since the war started on February 28, 2026, prices across every single commodity that runs the global economy have exploded higher.

Sulfur: +97%
WTI Crude Oil: +60%
Jet Fuel: +58%
Heating Oil: +55%
European Natural Gas: +54%
Gasoline: +52%
Diesel: +50%
Brent Crude Oil: +50%
Cotton: +28%
Urea: +24%
Rice: +23%
Fertilizer: +20%
Palm Oil: +12%
Iron Ore: +12%
Coal: +11%

What most people are not seeing yet is that the energy shock has already happened. The food shock is still coming.

Fertilizer is up 20% and one third of global fertilizer supply passes through the Strait of Hormuz. Crops planted this season with less fertilizer will produce lower yields.

Those lower yields will hit grocery shelves in late 2026 and into 2027.

The commodity prices you see in this chart are not the end of the story. They are the beginning of a second wave that has not been priced in yet.

Chart:
@charlieBilello

Gas hits $4 per gallon in every US state for first time in horror new price map

Average gas prices in the U.S. rose to $4.55 a gallon on Wednesday, and all 50 states hit $4 a gallon in a stunning development of the ongoing oil crisis.

According to AAA, all 50 states have surpassed the $4-a-gallon mark on Wednesday. The priciest state to get gas was California, with average gas prices standing at $6.145, and the cheapest was Georgia at $4.006.