Woteva , the AMB is an interesting measure,but , like the BDI, it could be how it is read.It doesn't seem to measure velocity of liquidity, and does it take into account the amount of liquidity sucked OUT of the system over the last year ? Maybe a better way of explaining things would be to have a full tank of fuel, but if the motor aint running ,there is no fuel being used.
ATM, we seem to be in this mode.When the engine restarts[if it does], then we can ascertain inflationary effects on assets, commods ect, but so far, we aren't even on idle.
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