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What Few Expect: Inflation Will Surge, Destabilizing The Status Quo

What Few Expect: Inflation Will Surge, Destabilizing The Status Quo

Authored by Charles Hugh Smith via OfTwoMinds blog,

Few seem to ponder what global shortages in key commodities might do to prices.

If there is any economic truism that is accepted by virtually everyone, it's that inflation is low and will stay low into the foreseeable future. The reasons are numerous: technology is deflationary, globalization is deflationary, central banks will keep interest rates near-zero essentially forever, and so on.

Stagnation Is Not Just The New Normal - It's Official Policy

Stagnation Is Not Just The New Normal - It's Official Policy

Authored by Charles Hugh Smith via OfTwoMinds blog,

Japan is a global leader is how to gracefully manage stagnation.

Although our leadership is too polite to say it out loud, they've embraced stagnation as the new quasi-official policy. The reason is tragi-comically obvious: any real reform would threaten the income streams gushing into untouchably powerful self-serving elites and fiefdoms.

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