The Brains Trust - 2020, page-729

Reply to 3500

Taking a step back, I'm not sure what this thread is supposed to be about. Is the brains trust just supposed to be brainy about anything at all affecting the small ordinaries? If I'm not brainy, am I off-topic? And anyway, how can I know if I'm brainy?

Happy is the moron,
He doesn't give a damn,
I wish I was a moron,
But wait!
Perhaps I am!

When you ask if inflation figures can be cooked, I'm nearly sure that you're being ironic. If you aren't, my answer is yes. See Shadowstats or the Chapwood Index for details.

My wild guess is that the next quarter is lousy, the third is sorta lousy, and the last booms for the USA elections, courtesy of Trump and the Fed.

I'm seeing money creation shifting into ever-higher gears and spreading "nicely" into the fiscal arena. Infinite inflation can be achieved easily once you throw off the braking mechanism of having to loan money into existence. IMO, this virus has created a perfectly-timed opportunity ahead of the USA elections to destroy any government gridlocks or reticence on opening the money spigots.

Trump has no motivation to preserve the current central bank system. He knew it was debt-doomed before he even came into office, so he might as well use its last hurrah to get re-elected. After that, well...Trump reportedly has a portrait of Andrew Jackson hanging on his wall. Jackson apparently hated that banks had control of money creation. That's the treasury's job.

I think that gold's rise has additional causes to what I'm guessing is a relatively brief interruption to supply.