Business

The unemployed in America are telling Bloomberg that they have not been more comfortable since April 2001...

Is that a good thing?

A consultant who worked with the highly politicized Consumer Financial Protection Bureau (CFPB) claims the organization funneled a large portion of over $5 billion in collected penalties to "community organizers aligned with Democrats" as part of a giant slush fund, the Post reports. 

In his latest monthly investment outlook, Janus Henderson's Bill Gross takes a trip to the dark side of monetary machinations and examines the signals (from credit, yield curves, and bitcoin) to comprehend how long this 'dance' can continue, "until the system itself breaks down."

1. Prior market tops (1987, 2000, 2007, etc.) allowed asset managers to partially “insure” their risk assets by purchasing Treasuries that could appreciate in price as the Fed lowered policy rates. Today, that “insurance” is limited with interest rates so low.

The Bank of Japan (BoJ) will RAISE rates in 2018.

And it’s going to collapse the stock market.

The #1 driver of the stock market is Central Bank money printing. In 2017 alone, the BoJ and the European Central Bank (ECB) have printed over $1.5 TRILLION and funneled it into the financial system.

The primary goal of this is to ramp stocks higher. But the consequence is that inflation has been unleashed.

We are getting signs of an inflationary shock throughout the world: in Germany, China, the US, the UK, and even Japan.

Authored by John Rubino via DollarCollapse.com,

Central bankers keep lamenting the fact that record low interest rates and record high currency creation haven’t generated enough inflation (because remember, for these guys inflation is a good thing rather than a dangerous disease).