Friends, *Hyperinflation* seems to exist in the minds of noise-prone pple on Social Media than in the numbers.
1) COMMODITIES: The CRB is lower than it was in 2014 and waaaaay lower (50%) than 2007.
2) SHIPPING: The Baltic Dry Index is 60% *below* 2007.
Jst local disruptions.
1) COMMODITIES: The CRB is lower than it was in 2014 and waaaaay lower (50%) than 2007.
2) SHIPPING: The Baltic Dry Index is 60% *below* 2007.
Jst local disruptions.
2) So what we have to worry about is the asset price inflation resulting from low rates; these historically have collapsed at the first sign of tightening.
Vulnerable (by order): Cryptos, Residential Upper End Real Estate, Stocks, Residential RE, etc.
Vulnerable (by order): Cryptos, Residential Upper End Real Estate, Stocks, Residential RE, etc.
3) Lumber has been most sensitive because of real estate but it gave back almost ALL gains, at 2018 levels.
https://twitter.com/lump_t/status/1454413901211262978?s=20
"Money Suppy increases", if they went somewhere, they went to ... Bitcoin.
https://twitter.com/KaMiller1/status/1454425126146088966?s=20
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