Inflation


The Fed's Second Consecutive Monetary Policy Mistake

Published by Laurent Maurel | Sep 20, 2022 | 14629

The Fed's first mistake was to miss the start of inflation. We may now be witnessing the second mistake: in trying to create a useful recession to fight inflation, the US central bank is ignoring the unprecedented and irreversible impoverishment that the sudden rise in rates threatens to create.

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Bond Market Illiquidity Creates Systemic Credit Risk

Published by Laurent Maurel | Sep 14, 2022 | 12608

The bond issue risks complicating the liquidity of the US Treasury market.The risk is that they will lose their status as a reserve asset, which would create a systemic risk. The confidence in the value of US debt is at stake. In this perspective, the purchase of physical gold becomes very import...

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The Era of Fake Money is Gone

Published by Egon Von Greyerz | Aug 30, 2022 | 4952

Egon von Greyerz says massive money printing and huge amounts of unpayable debt will lead to a monster financial meltdown soon. The era of Shangri-la and money printing and saving the world by fake money—that era is totally gone.

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