IPFS News Link • Central Banks/Banking
Have Central Banks Finally Unleashed Inflation?
• http://www.zerohedge.com, by Tyler DurdenOn Monday Spain reported a year over year 7.5% jump in its PPI reading (a measure of inflation). Take a look at that chart.
Spain is just the latest major economy to join the inflationary tide.
German also saw a recent spike in PPI.
In the US, inflation is now well above the Fed's target 2%, having ripped over 3% higher in the last six months alone.
This is much bigger than Trump or any single factor. After eight years of low interest rates and Trillions of Dollars in QE spent, global Central banks have finally unleashed inflation…
The big problem with this is that inflation is like ketchup in a bottle. It always takes longer to get achieve than you'd predict... but once it hits, you usually get more than you hoped for.