As Consumer Price Inflation Looms, Fed Chief Powell Whistles Past the Graveyard
Given the recent relentless money-pumping on the part of central banks like the Federal Reserve and the European Central Bank, almost all commodity prices are soaring to historical highs. A rundown is given by Chris Becker in the Australian blog MacroBusiness, accompanied by graphs for each product. “Iron ore is cracking through an 11-year high, about to spike through $200 […]
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