We are entering an era of big government. BlackRock Investment Institute argues that the fiscal dynamics make higher inflation more likely than the market believes.

We are entering an era of big government. The @BlackRock Investment Institute argues that the fiscal dynamics make higher #inflation more likely than the market believes. See the @USCBO chart below, and our global debt tracker here: t.co/GzSjybwTe9 pic.twitter.com/ALbMoIKTaA

— Elga Bartsch (@bartsche) September 30, 2020

Owners of US government #debt… pic.twitter.com/FRW3N6dlzM

— jeroen blokland (@jsblokland) September 30, 2020

BREAKING:

European Central Bank President Christine Lagarde said it’s worth examining a Federal Reserve-style strategy that allows inflation to temporarily rise above the institution’s target.

Global trend emerging…

A WAVE OF EXTREME INFLATION.

— Gold Telegraph ✪ (@GoldTelegraph_) September 30, 2020