AGE's Gold Commentary

AGE Gold Commentary is our regular report analyzing trends in precious metals and rare coins. We monitor domestic and international markets and extrapolate from our 30 years in metals to place current events into a hard asset perspective. View archives.

8/1/2022: Inflation’s Disruptive Power, Pt 2 – Cost and Effect

Source:

The cost of taming inflation
Debt to GDP ratios
The great bond exodus
Interest rates and currency values

Greetings!

Here’s Part Two of our special report on “Inflation’s Disruptive Power.”

In Part One, called “Inflation Then and Now,” I analyzed the recent history of US inflationary cycles, the conditions that have created them, and the actions taken by the Fed to bring them under control.

In Part Two, called “Cost and Effect,” I explain how inflationary pressures are putting the global financial system under great strain, something that will only increase as central banks raise interest rates to fight inflation.

I track debt/GDP ratios, sovereign bond yields, and currency valuations to explain why the current course of monetary tightening by global central banks is likely to create profound problems for many economies in coming months and years.

Please join me for Part Two by clicking the link below to view the video. You can also find it by going to our YouTube channel.

Sincerely,

Dana Samuelson
President