Silver as an investment

Category Archives: "monetary inflation"

“Everything’s Great!”

Authored by Kevin Muir via The Macro Tourist blog, So much for that call. I thought there was no way Yellen would put her fingers in her ears, close her eyes, and shout “nah nah nah – I can’t hear you” to the speculative fervour that has gripped markets. Well, there is no way to […]

Venezuela’s Grim Reaper: A Current Inflation Measurement, Including a Note on the IMF’s Musings on Inflation

Authored by Steve H. Hanke of the Johns Hopkins University. Follow him on Twitter @Steve_Hanke. The Grim Reaper has taken his scythe to the Venezuelan bolivar. The death of the bolivar is depicted in the following chart. A bolivar is worthless, and with its collapse, Venezuela is witnessing the world’s worst inflation.  As the bolivar […]

BOJ Plans To Drop Inflation Target At Thursday’s Meeting

The Bank of Japan is finally acknowledging something that Federal Reserve policy makers like San Francisco Fed President John Williams acknowledged months ago, when he published a paper highlighting the growing disconnect between the tightening labor market and consumer prices. As Credit Suisse strategist Burkhard Varnholt explained two months ago, the growing heft of e-commerce […]

Tales From The FOMC Underground

Authored by EconomicPrism's MN Gordon, annotated by Acting-Man's Pater Tenebrarum, A Great Big Dud Many of today’s economic troubles are due to a fantastic guess.  That the wealth effect of inflated asset prices would stimulate demand in the economy. The premise, as we understand it, was that as stock portfolios bubbled up investors would feel […]

Euro, Bund Yields Extend Spike After Hawkish Draghi Shocks Markets

Draghi's overly-optimistic expectations for growth were taken as hawkish by the markets and earlier weakness in Bunds (yields spiking) and strength in EUR (surging to 2-week highs) have continued… As we noted earelier, speaking at the ECB's annual policy forum, Draghi highlighted a recovering euro zone economy that “the threat of deflation is gone and […]

Goldman Warns Of Rising “Potential For Rate Shocks”

Just in case you are not sick of reading about record low volatility yet (yes, the WSJ had another piece on it this morning “Market Volatility Has Vanished Around the World“), here is Goldman’s Ian Wright pointing out that “central bank meetings didn’t jolt rate vol” (in case anyone didn’t notice), and is the latest […]

Euro Spikes On Upbeat Draghi Comments, Then Drops On Muted Inflation Outlook

Well that didn’t last long:moments after the EUR spiked on Draghi’s upbeat economic comments, it has since filled the entire gap and is back to session lows after Draghi talked down Eurozone inflation saying there is no sufficient evidence to alter inflation outlook, and no evidence of a self-sustaining inflation move. DRAGHI SAYS ECB NOT […]

Graham Summers’ Weekly Market Forecast (Inflation Edition)

The simplest outline for this week concerns inflation. Stocks have erupted higher in the last month based on the belief that the economy is roaring once again. However, this is all about sentiment, not reality. The Fed’s own real-time GDP tracking tools has collapsed from predicting growth of 3.5% in early February to just 1.9% […]

The Markets Just Gave a Wake Up Call… Few Are Listening

I keep pounding the table and screaming about inflation… but people still don’t get it. Hopefully yesterday’s inflation data was a wake up call. For those who missed, US wholesale inflation posted its largest monthly jump in four years yesterday. Core Producer Price Index rose 0.4%; only 0.2% was expected. And Fed Chair Janet Yellen […]

The Meaning of Financial Repression

mises.org / Mark Thornton / JUNE 1, 2015 We live in a world of massive monetary inflation and extremely low interest rates. Mortgage rates are near historic lows and yet it seems that people cannot get loans. Home sales are up, but with a near record percentage of sales made with cash, rather than a mortgage. The […]