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
— jeroen blokland (@jsblokland) September 30, 2020
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