Jason Burack of Wall St for Main St made a short video about the theory Zero Hedge reported from Wall Street commodities traders how central banks are now manipulating commodity prices higher intentionally http://www.zerohedge.com/news/2016-04…
Jason talks about why he believes this theory is incorrect and cites the article from British economist Peter Warburton from April 9, 2001 http://www.gata.org/node/8303 explaining how Wall St created massive amounts of monetary inflation after 1971 and intentionally hid it in the derivatives and paper asset markets so most of it wouldn’t trickle out into the real economy.
Jason talks about how central banks manipulate markets especially the currency, interest rate and bond markets.
Jason believes central banks prefer to “stagflate and lie” where they drastically under-report inflation in the real economy by changing inflation measures like the consumer price index or CPI so the real amount of inflation can be hidden.
Why after decades of trying to hide the real inflation rate, would central banks start buying commodities futures contracts?