We are facing demand-driven inflation as a consequence of misguided monetary policy and misdirected fiscal stimulus. Those aren’t the only problems by any means...
But why have gold prices continued to decline in 2021? After all, inflation-adjusted interest rates are at their lowest levels in decades, and these "real" rates have about a 95% historical correlation..
The last time I included a particular indicator of where temporary inflation and permanent inflation are headed, the indicator had risen in rather threatening manner to look like this..
For the first time in most Americans’ lifetimes, they are having to navigate chronic shortages. From bare shelves at discount stores to contract labor being unavailable, the supply ...
