Inflation is Coming

[ringer1]

Inflation is here now. I don't think it will be transitory like can and us governments are saying. I think it will stay above their targets and they will be raising interest rates. Inflation on its own is not bad for markets nor is it bad for earnings as earnings should keep pace with inflation. All hard assets should inflate but that could include stocks as in if you own x amount of bce stock, that is a hard asset in the sense that bce or another Company is tangible. It really comes down to earnings. A correction will occur when the earnings start sucking or they are anticipated to.

I think you can expect continued inflation ( seripticiously supported by national gov't). inflation will devalue currency ( Can$ & US $ - an others ). Governments like this whether or not they acknowledge it: they would rather paid off the massive national debt at 50cent dollars than fully priced dollars. Of course wages etc..will rise as well, but expect inflation to continue.

 

[Valcazar]

and many people don't know there's a diff between cost push inflation and demand pull.

Quite fucking true.