I am putting the final touches on a new report today which reveals just how badly inflation is undercounted in the US. The bottom line is that with the rest of the world already reeling from and reacting to accelerating inflation, the game is much closer to an inflationary dénouement for the US than one might suspect by following the Fuzzy Number generator otherwise known as the Bureau of Labor Statistics (BLS).
The week ahead in the markets is simple enough to divine: more asset inflation, dead ahead.
That’s the plan, and here’s the thin-air money printing for the week that will provide the fuel for that plan:
The Week Ahead: More Inflation on the Way
PREVIEW by Chris MartensonI am putting the final touches on a new report today which reveals just how badly inflation is undercounted in the US. The bottom line is that with the rest of the world already reeling from and reacting to accelerating inflation, the game is much closer to an inflationary dénouement for the US than one might suspect by following the Fuzzy Number generator otherwise known as the Bureau of Labor Statistics (BLS).
The week ahead in the markets is simple enough to divine: more asset inflation, dead ahead.
That’s the plan, and here’s the thin-air money printing for the week that will provide the fuel for that plan:
“I see more inflation and more currency turmoil as we go forward. There are huge debt imbalances in the world. U.S. is the largest debtor nation in the world and all the assets are in Asia. The largest creditors in the world are China, Korea, Japan, Taiwan, Hong Kong, Singapore – this is where the assets are and the debts are in the West. Those imbalances have to be resolved. They frequently lead to more currency turmoil. We’ll see more inflation, we’ll see more governments fall. We just saw Tunisia fall – more are coming because the world is going to continue to have these problems, and especially inflation that is going to cause more social unrest.”