Via Max Keiser

Is Inflation Dead? – Bloomberg Business Week

Inflation Is Here and Coming

From a contrarian perspective, the front page of Bloomberg Business Week this week is a classic contrarian sign that we may be on the verge of a serious bout of inflation or indeed stagflation as the global economy slows sharply and currencies are devalued again.

The online version of article, ‘Did Capitalism Kill Inflation?’  is well worth a read.

It ignores the fact that there has been massive increase in debt, inflation in asset markets and in particular in property markets – both to rent and to buy residential and commercial property.

It exonerates central bankers from creating very significant inflation in apartments, houses and property markets – the most important cost to most individuals, families and companies in the western world.

It ignores and exonerates central bankers for reigniting and recreating many property bubbles, stock market bubbles and other asset bubbles in the ‘Everything Bubble’ of 2019.


READ ALSO  Constant Covid cleaning carries its own dangers