Magazine Covers as Contrarian Indicators [View article]
Inflation is a direct reflection of Money Supply.
Money supply growth numbers currently. US 8% Europe 10% Canada 13%.
There will be pockets of products that become cheaper, but inflation will win out. Actually stagflation.
From a consumer price look, most things we buy or do, have an oil cost component in the materials or the transportation. Oil will never again be cheap, so product costs will have that as base support.
-
Inflation is a direct reflection of Money Supply.
Aug 19 15:56 pm
|Rating:
0
0
All Comments by akur01 »Magazine Covers as Contrarian Indicators [View article]
Money supply growth numbers currently. US 8% Europe 10% Canada 13%.
There will be pockets of products that become cheaper, but inflation will win out. Actually stagflation.
From a consumer price look, most things we buy or do, have an oil cost component in the materials or the transportation. Oil will never again be cheap, so product costs will have that as base support.