Federal Reserve Finally Admits it was Wrong about Inflation — NOT Transitory!

Not even close to transitory. After giving its turkey advice for Thanksgiving, the Federal Reserve finally gave up completely on the “Inflation is transitory” chorus it has been singing all year. Chairman Powell of the People’s Bank of Amerika stated outright today that inflation is not transitory after all, confirming […]

The IMF, BIS & World Bank Give The Thumbs Up For Digital Currencies…

A Pfennig For Your Thoughts   July 12, 2021   * Currencies and metals rally late last week * But gave back those gains in the overnight trading…    Good Day… And a Marvelous Monday to you! A rainy weekend for us here in the Mid west… And the last […]

Transitory or Not, Inflation Is Here. It Could Be Much Higher Than You Realize

I’ve been writing about the possibility of higher inflation for months, and now it looks to have finally made landfall. The headline consumer price index (CPI) came in at 5% year-over-year, the highest in over a decade. The real rate is likely even higher. Energy commodities, and gasoline in particular, […]

Hook, Line & Sinker: Markets Have Bought the ‘Transitory’ Inflation Narrative

  Join Mike Maloney, Jeff Clark and Adam Taggart as they discuss some of the latest news including inflation expectations, Bitcoin as legal tender and housing priced in gold. It’s all here in today’s video update, thanks for watching.

Eurozone Inflation Hits 2%, What Will The ECB Do?

A Pfennig For Your Thoughts   June 2, 2021   * The PPT spends The ESF’s funds to defend the dollar…  * Inflation is not transitory…    Good Day… And a Wonderful Wednesday to you! I like holiday shortened weeks! And I’m not even employed any longer! Day one of being […]