https://www.zerohedge.com/markets/least-three-fed-members-dont-think-inflation-just-transitory TUESDAY, JUN 22, 2021 - 09:05 PM
>At Least Three Fed Members Don't Think Inflation Is Just "Transitory"
https://www.zerohedge.com/markets/fed-box-part-1-they-cannot-raise-interest-rates WEDNESDAY, JUN 23, 2021 - 09:21 AM
>Unfortunately, for the Fed, their box is tighter than most realize...
https://www.zerohedge.com/markets/albert-edwards-fed-trapped-epic-bubble-it-can-never-normalize-rates-again THURSDAY, JUN 24, 2021 - 06:25 PM
>Albert Edwards: The Fed Is Trapped In An Epic Bubble, It Can Never Normalize Rates Again
https://www.zerohedge.com/economics/schiff-what-does-fed-know-about-future THURSDAY, JUN 24, 2021 - 09:11 AM
>I guess people started to realize that it doesn’t even matter what anybody at the Federal Reserve says about what the policy is going to be two or three years into the future because they have no idea what’s going to happen in the present, let alone several years into the future.”
Here’s one thing we know for sure: the US economy two or three years from now will have a lot more debt than it does today.
It doesn’t matter what the Fed is saying. What matters is what they’re doing. And what they’re doing right now is nothing. They’re ignoring all of these signs of inflation. They’ve got the pedal to the metal when it comes to monetary policy. They’re talking about tapping on the brakes, but they’re not giving any sign that they’re actually going to brake.”
https://www.zerohedge.com/markets/industry-icon-sees-housing-hyperinflation WEDNESDAY, JUN 23, 2021 - 06:40 PM
>Veteran housing analyst Ivy Zelman said she was seeing “hyperinflation” in the US housing "ecosystem" fraught with labor and materials bottlenecks.
https://www.zerohedge.com/markets/bofa-transitory-hyper-inflation-ahead TUESDAY, MAY 04, 2021 - 08:15 AM
>BofA: "Transitory Hyperinflation Ahead"
Hm. Now that's a funny one.
https://www.zerohedge.com/news/2021-04-12/hyperinflation-alert-78-us-dollars-created-last-12-months-dollar-debasement MONDAY, APR 12, 2021 - 22:50
>Hyperinflation Alert – 78% of US Dollars created in the last 12 months – Dollar Debasement Explained
https://www.zerohedge.com/markets/larry-summers-sees-5-inflation-end-2021 SATURDAY, JUN 26, 2021 - 04:15 PM
>Larry Summers Sees 5% Inflation At The End Of 2021
>It may not be quite hyperinflation - loosely defined as pricing rising at a double-digit clip or higher - but if former Treasury Secretary and erstwhile democrat Larry Summers is right, it will be halfway there in about six months.
>One day after Bank of America warned that the coming "hyperinflation" will last at least 2 and as much as 4 years - whether or not one defines that as transitory depends on whether one has a Federal Reserve charge card to fund all purchases in the next 4 years - Larry Summers, who is this close from being excommunicated from the Democrat party, predicted inflation will be running “pretty close” to 5% at the end of this year and that bond yields will rise as a result over the rest of 2021.
...
What they say what they do... Time will tell I guess.
And yeah I know, larry fucking summers, but still. The covid lockdown bill has to land on the table at some point, and that's not like anybody could largely afford it in the first place, so...
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