"It's The Economy, Stupid... Not Drugs & Demographics"
Authored by Jeffrey Snyder via Alhambra Investment Partners,
The mainstream media is about to be presented with another (small) gift. In its quest to discredit populism, the condition of inflation has become paramount for largely the right reasons (accidents do happen). In the context of the macro economy of 2017, inflation isn’t really about consumer prices except as a broad gauge of hidden monetary conditions.