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Protected: The Best Arguments Against “Persistent Inflation” Have it Wrong
Posted June 22, 2021 By David Haggith Fed Falters, Stocks Stumble, Bonds Bounce
Posted June 16, 2021 By David Haggith![Federalreserve [Public domain], via Wikimedia Commons](https://thegreatrecession.info/blog/wp-content/uploads/Jerome-Powell-150x133.jpg)
The Fed candidly admitted today’s soaring inflation is not what it had in mind, though it certainly is exactly what I’ve had in mind: At a news conference after the Fed’s statment [sic.] was released, Chairman Jerome Powell said he expects that inflation will be short-lived but acknowledged that it has run hotter than the […]
Filed in Uncategorized | Tagged: economic collapse, quantitative easing, stock market, The Federal Reserve
Inflation Rises Faster than the Fed Expected, Giving Fed Less Time Than it Needs
Posted June 13, 2021 By David Haggith
Economists — including those at the Fed — were surprised by inflation again. With their consensus view being that inflation for June would print at about a 4.7% increase year-on-year, inflation barreled in at 5%. That took us back to the kind of inflation we saw in 2009 when the economy and stocks were falling […]
Inflation’s Heat Signature Is All Over the Economic Map
Posted June 5, 2021 By David Haggith![By Tech. Sgt. David McLeod (Defenseimagery.mil, VIRIN DF-ST-92-09166) [Public domain], via Wikimedia Commons](https://thegreatrecession.info/blog/wp-content/uploads/Operation_Desert_Storm_22-150x100.jpg)
Let’s look at what has continued to develop with inflation in the short time since my May articles on the subject because inflation is going to cause the Fed’s “Great Recovery” but burn up in its own incendiary blast. A rapid spread of fiery inflationary data lit up the landscape last week:
Filed in Uncategorized | Tagged: economic collapse, economic recovery, hyperinflation, The Federal Reserve, the great recession
Fed Falls for its Own Inflation Fakery
Posted June 4, 2021 By David Haggith
The S&P 500 failed a breakthrough on Thursday and tucked its head back below its 4200 ceiling again, where it has remained rangebound for weeks. Job news on the economic front that many analysts toasted as great could not lift sentiment out of the doldrums on Thursday, nor could it stop Netflix from making its […]
Protected: Is the Housing Market about to Top Out?
Posted May 31, 2021 By David Haggith
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The Fed’s Argument That It’s Not Directly Financing Government Debt Finally Fails
Posted May 28, 2021 By David Haggith
The most interesting thing about what the Fed is now doing is that it is illegal. The Fed’s argument that it is not monetizing the US debt fails now on its own terms. The Fed is buying treasuries for no purpose other than to directly finance the government’s escalating debt. Here’s the deal:
Filed in Uncategorized | Tagged: economic denial, economic recovery, hyperinflation, national debt, The Federal Reserve, the great recession
Inflation Flying in Hotter than Ever!
Posted May 25, 2021 By David Haggith
All those economists who went along with the Fed’s inflation-is-temporary-and-going-per-plan narrative are stunned by the data they now see coming in. They shouldn’t be, as it was predicable. However, they will need to get bigger charts to make room for it. Notice where the last ten data points for the increase in inflationary surprises are […]
As another Inflation Foreshock Rattles Markets Around the World, Fed not Fazed
Posted May 20, 2021 By David Haggith Stock markets got a jolt of the wrong kind on Wednesday when release of Fed minutes showed a little more talk of the Federal Reserve tapering its stimuli took place than what Fed Chair Jerome Powell let on earlier in the month after the FOMC meeting, which sets monetary policy. While the news was as […]
Inflation Will Kill This Stock Market
Posted May 12, 2021 By David Haggith
I’m not saying nothing else can do the job before inflation fully gets here, just that the kind of inflation I’ve been writing about certainly will do it if nothing else does. That’s what terrifies the market and for a very good reason that may not be the first one that comes to some investors’ […]
Protected: Inflation Tsunami Sirens Are Screaming!
Posted May 7, 2021 By David Haggith
Over-Fed but Malnourished
Posted May 7, 2021 By David Haggith Is the inflation I’ve been writing about really all just transitory as Papa Powell claims it is? The Fed Head assures us he has this under control. Would that be just like Father Fed and friends had bank reserves under control right before the repo crisis blew up in late 2019? Or just like they […]
Filed in Uncategorized | Tagged: economic bubble, economic predictions, housing bubble, hyperinflation, The Federal Reserve
Inflation Rockets Launch
Posted April 27, 2021 By David Haggith
As I said in my recent Patron Post, We’ve now hit that critical juncture when price inflation is picking up momentum quickly…. Shortly after COVID assailed the world, I began to say, especially in my Patron Posts, that we had finally entered a period where, for the first time since I’ve been writing this blog, […]
Protected: Inflationary Rocket Train Accelerating Rapidly
Posted April 16, 2021 By David Haggith
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