Alasdair Macleod: Central banks are running out of road with inflation

Section:

By Alasdair Macleod
GoldMoney, St. Helier, Jersey, Channel Islands
Thursday, September 3, 2020

If you think that price inflation runs at about 1.6 percent you have fallen for the Consumer Price Index myth of the U.S. Bureau of Labor Statistics.

Two independent analysts using different methods -- the Chapwood Index and Shadowstats.com --prove that prices are rising at a far faster rate, more like 10 percent annually and have been doing so since 2010.

... Dispatch continues below ...


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Company Announcement
Thursday, September 3, 2020

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For the remainder of the announcement:

https://www.kodiakcoppercorp.com/news/news-releases/kodiak-drills-282-m-...



This article discusses the consequences of price inflation suppression, particularly in the light of Federal Reserve Chairman Jerome Powell's Jackson Hole speech, in which he downgraded the importance of price inflation in the Fed's policy objectives in favor of targeting employment.

It concludes that the reconciliation between the BLS CPI figure and the true rate of price inflation is inevitable and will be catastrophic for the Fed's policy of suppressing interest rates, its maximization of the "wealth effect" of inflated financial asset prices, and for the dollar itself. ...

... For the remainder of the analysis:

https://www.goldmoney.com/research/goldmoney-insights/inflation-running-...

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