Inflation and deflation at the same time, page-63

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    "This article touches on how monetary inflation can finally translate into higher CPI readings:"

    Wrong, wrong, wrong. The article clearly says that current CPI figures are fake. In other words, that monetary inflation has already passed into CPI readings as shown by the figures published by John Williams of Shadow Statistics.

    Of course, that to say in one paragraph that, I quote, those numbers show inflation in the high-single digits/low double-digits which would be consistent with the monetary inflation that we have observed. and to say in the next that, I quote, the only asset class that remains undervalued, almost by definition, is commodities. In fact, commodities in a relative sense, have never been cheaper, is contradictory.

    You cannot say that inflation is already here and then a second later say that finally we are going to have it. No, you cannot say that.

    Actually, the hole thing, a very good example of verbose economics, is full of contradictions.




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