Blain’s Morning Porridge/Bill Blain/4-12-2022
“Thus far, I’ve taken the view Financial-Asset inflation remains largely trapped within inflated financial asset bubbles in stocks and bonds. There it behaves as a very different market beast from the very real energy and commodities driven inflation we’re now seeing hit economies.”
USAGOLD note: Blain takes a look at Zoltan Pozsar’s Bretton Woods III analysis and concludes that “if central banks remove the easy liquidity driving the commodities markets, you risk not just a market crash, but a real-world economic crash.” … More at the link.
