Well, don’t look now, but meaningful, relevant inflation is already upon us — and has been for some time — not just here in the U.S., but all around the world.
by Dave Allen
The International Forecaster
We’ve been reading for months now how the Fed’s explosive manipulation of the government and corporate bond markets and Congress’ endless love of debt-financed stimulus would eventually fuel rising prices.
Well, don’t look now, but meaningful, relevant inflation is already upon us — and has been for some time — not just here in the U.S., but all around the world.
It shouldn’t come as a surprise either. After all, it’s the Fed’s explicit goal. And what else would you expect when the nation’s money supply (M-2) has grown by 410% since 2000 — and $3.7 trillion, or 24%, in 2020 alone?
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