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<blockquote data-quote="Arado" data-source="post: 1424016" data-attributes="member: 308">Oil prices are already way up from a few months ago.&nbsp; Food prices have been going up for a decade, I don&#039;t attribute the increases solely to what&#039;s going on over the last year but just overall inflation that&#039;s been masked.&nbsp; Of course the lockdowns and supply chain disruptions haven&#039;t helped.&nbsp; True - healthcare and college prices are due to corruption and government interference (automation and distance learning/medicine could create massive efficiencies but have been held back by sentiment and subsidies) but in a sound money system those industries would have been drastically reformed long ago. The media is interested in the REFLATION narrative while I&#039;m pushing a STAGFLATION narrative.&nbsp; The former is good for assets in general, the latter is devastating to bonds.&nbsp; This is somewhat a rehash of debates we&#039;ve had earlier in the thread but is the media really talking about rising prices?&nbsp; I don&#039;t see anyone talking about it, all I see the media talking about is how the government needs to give away more money and spend more because inflation isn&#039;t a serious threat.&nbsp; &nbsp; I think acknowledged inflation can kill the bond market as investors look elsewhere for real returns.&nbsp; Or if the Fed stops buying treasuries and junk bonds while the government keeps spending like crazy - that will crash the bond market, but it will lead to a liquidity crisis like in March so there&#039;s zero chance of that happening for more than a short period of time.</blockquote>

[QUOTE="Arado, post: 1424016, member: 308"] Oil prices are already way up from a few months ago. Food prices have been going up for a decade, I don't attribute the increases solely to what's going on over the last year but just overall inflation that's been masked. Of course the lockdowns and supply chain disruptions haven't helped. True - healthcare and college prices are due to corruption and government interference (automation and distance learning/medicine could create massive efficiencies but have been held back by sentiment and subsidies) but in a sound money system those industries would have been drastically reformed long ago. The media is interested in the REFLATION narrative while I'm pushing a STAGFLATION narrative. The former is good for assets in general, the latter is devastating to bonds. This is somewhat a rehash of debates we've had earlier in the thread but is the media really talking about rising prices? I don't see anyone talking about it, all I see the media talking about is how the government needs to give away more money and spend more because inflation isn't a serious threat. I think acknowledged inflation can kill the bond market as investors look elsewhere for real returns. Or if the Fed stops buying treasuries and junk bonds while the government keeps spending like crazy - that will crash the bond market, but it will lead to a liquidity crisis like in March so there's zero chance of that happening for more than a short period of time. [/QUOTE]

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