If anything the US is more likely facing deflation you dope.. So sick of your Peter Schiff youtube rubbish. Can you actually point to anything to back up your claims?
1. US CPI is only spiking because of oil, if it were not for that it would be closer to 1-1.5%.
2. US housing is double dipping, what is this indicative of?
3. US consumers refuse to take on more debt. They are deleveraging, ie. repaying their liabilities when the corresponding asset prices have crashed. This results in the exact opposite of inflation.
4. Despite the massive rises in commodities companies have simply not been able to pass along the cost because of the deleveraging economy (cost-push inflation not happening).
5. Wages are stagnant.
6. QE technically causes about 5 basis points of inflation, it is purely inflation expectations driving a lot of asset prices.
7. 10 Year treasuries ARE AT 3 PERCENT. I guess the market has it completely wrong, massive inflation right around the corner?
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