World inflation fuelled by surge in farm, energy pricesby Chris Martenson
Inflation is caused by excess money chasing too few goods and services. A symptom of inflation is rising prices. Separating cause from effect is
very important if your goal is to understand something. Merely being
aware of something is often insufficient to take effective action(s);
it is only through understanding that specific tactics can be
properly assembled into a coherent strategy. So, let’s see if we can
move beyond awareness of rising prices and into understanding of the
causes so that we can properly prepare our portfolios, and communities,
for what’s coming next.
Federal Reserve Ignites Food Panicby Chris Martenson
Lots of articles have recently come out about
food shortages, riots, and rapidly climbing prices. Last August the
Federal Reserve and European Central Bank started lowering interest
rates, pouring liquidity into the world marketplaces, and trading
prized treasuries for near-worthless debt. Food riots and central bank
maneuvers are more closely linked than you might suspect.
Basic groceries up 8%, farm report saysby Chris Martenson
Credit crunch triggers $2 trln drop in debt underwritingby Chris Martenson
Our money system requires that ever larger
amounts of new credit be issued or else the banking system becomes
really unhappy. Consumers with credit cards is one form of credit,
mortgages another, but the a really, really huge piece of the credit
pie is the corporate debt markets. This article points out that a
massive shortfall in this arena has happened.
Frantic race to save Wall Street giantby Chris Martenson
Horrified traders soon grasped the reality: the Fed had been forced to
throw out four decades of monetary history in order to support Bear
Stearns. Its justification was not that Bear was too big but that it
was too "interconnected" to be allowed to fail with the markets in such
as fragile state.This is a fascinating tale of just how
serious the Bear Stearns event was and the political and financial
machinery that was brought to the table to sculpt a solution.