Is an uptick in inflation on the horizon?

by | Dec 2, 2020 | Blog Articles, Inflation

I recently spoke with Newsday about the risks of inflation in the near future and what that could impact. From the article:

What could fuel higher inflation

“The market has been signaling the risk of inflation for months,” says Michael Wilkerson, author of “Stormwall: Observations on America in Peril.”
 

He points out that the price of gold, the classic inflationary bellwether, is up by nearly a third from March lows, and the Federal Reserve’s five years forward inflation expectation rate has more than doubled, while real interest rates have gone below zero, making the U.S. dollar relatively unattractive to foreign investors.
 

He also says a second large pandemic stimulus package coupled with expectations for Green New Deal-like energy policies and expanded social programs — combined with not raising taxes in a weak economic environment — would soon pressure the Biden administration toward greater monetary expansion (i.e., printing money).

Read the entire article on Newsday.com

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