Inflation Is About To Accelerate But Then It Will Become Really Terrifying

Friday, July 3, 2020
By Paul Martin

KingWorldNews.com
July 02, 2020

People around the world need to get prepared because inflation is about to accelerate But then it will become really terrifying.

Prices Are Going To Rise Fast
July 2 (King World News) – Alasdair Macleod: With stock markets barely ruffled, few are thinking beyond the very short-term and they are mostly guessing anyway. Other than possibly the very short-term as we emerge from lockdowns, the economic situation is actually dire, and any hope of a V-shaped recovery is wishful thinking or just brokers’ propaganda. But for now, monetary policy is to buy off all reality by printing money without limit and almost no one is thinking about the consequences.

Transmitting money into the real economy is proving difficult, with banks wanting to reduce their balance sheets, and very reluctant to expand credit. Furthermore, banks are weaker today than ahead of the last credit crisis, and payment failures on the June quarter-day just passed could trigger a systemic crisis before this month is out.

Sooner or later bank failures are inevitable and will be a wake-up call for markets. Monetary inflation will then become an obvious issue as central banks and government treasury departments become desperate to prevent an economic slump by doing the only thing they know; inflate or die.

The Rest…HERE

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