Deutsche Bank Says Rising Inflation Is A Forthcoming Global Crisis

Newsmax ^ | 6-7-2021 | Jim Thomas

[montag813]

Yet bond prices have been going higher (and yields lower) for weeks now

[SaxxonWoods]

I remember the 70’s, that’s when I got my start in business. It went great and kept right on going.

[AZJeep]

It seems all governments are throwing money on non-existing problems. Too much money chasing limited supplies. Inflation guaranteed.

[Nateman]

Inflation is a function of the money supply. I don’t know how much other Governments have been hot running their printing presses but I do know the US has to the tune of 38% yearly. It’s going to become the highest inflation rate anybody alive has ever experienced for American currency. Buy something real with that money while it’s still good.

[SpaceBar]

I don’t need to make my postings conform to your specifications.
Thank you for your numerous replies above.
You have established your station as an FR ‘fact checker’ busybody.
If you think Deutche Bank is pure as the driven snow and U.S. taxpayers haven’t been raped and made to pay for the lubricant by the likes of Bush, Obama et al, then you aren’t as wise as your ~22 years on FR would suggest.

[ronnie raygun]

everybody on board? good! let them eat sh##

[.44 Special]

Is there anything today that isn’t a forthcoming global crisis?
How about wire coathangers, hi-speed bumper bolts, pet rocks, cheesecloth, gobsmackers, sardines, hulahoop shortage, repeats of Ted Mack’s Amateur Hour, Black Jack Chewing Gum, cheesy popcorn. I’m telling you there’s no end to global crisis. Do you realize there’s a dire shortage of coal for steam locomotives? Or how about blind Venetian for Venetian Blinds. It’s a serious state of a affairs.

[SMARTY]

I think that Bush threw American money around like confetti. He is not alone in doing that.

[blam]

"What is to stimulate? There are help wanted signs literally on every open business. Oh right... The democrat vote base."

New $3,600 Stimulus Payments Will Be Here Soon

[Toddsterpatriot]

I don't need to make my postings conform to your specifications.

I agree. You can make all the baseless claims you want and never post a bit of evidence. It's obvious that I can't stop you.

If you think Deutche Bank is pure as the driven snow and U.S. taxpayers haven't been raped and made to pay for the lubricant by the likes of Bush,

Those are two separate claims.

First, Deutsche Bank is terrible. One of the worst run backs around. Way overleveraged, terminally undercapitalized. Forced to hold huge chunks of its portfolio in cash and government bonds that will never earn enough to help the bottom line.

Their investors and the Germany banking system would be much better off if the entire thing was shut down and liquidated. But the German government thinks that would make them look worse than perpetually propping up a giant zombie bank.

As far as your claims about this, or any, foreign bank costing the US taxpayers big money.....I await your factual specifics.

[hecticskeptic]

“Never before have we seen such coordinated expansionary fiscal and monetary policy. This will continue as output moves above potential,” Folkerts-Landau said. “This is why this time is different for inflation.”
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

So is there an international currency reset in the offing?

The other night I got hooked watching this interview of Alasdair Macleod from GoldMoney talking about Basel III and the manipulation of the gold and silver markets.... https://www.youtube.com/watch?v=v2Y8AUB6rNI Tons of takeaways that made perfect sense.

And he was beating this drum for the past year....

https://www.goldmoney.com/research/goldmoney-insights/anatomy-of-a-fiat-currency-collapse

“This article asserts that infinite money-printing is set to destroy fiat currencies far quicker than might be generally thought. This final act of monetary destruction follows a 98% loss of purchasing power for dollars since the London gold pool failed. And now the Fed and other major central banks are committing to an accelerated, infinite monetary debasement to underwrite their entire private sectors and their governments’ spending, to prop up bond markets and therefore all financial asset prices....”

[nathanbedford]

I think that Bush threw American money around like confetti. He is not alone in doing that.

I fear you are only to right in saying that but let's take a look at the consequences before moving on.

Republican Party used to have three legs to its appeal to Americans: 1) defense; 2) fiscal sanity; 3) Supreme Court.

Bush managed to diminish every one of these appeals to the American voters and left the Republican brand not just damaged but disillusioned. By the time he went out of office our support for his wars in Iraq and Afghanistan had fully dissipated. His "destroying capitalism to save it" spending meant that Republicans could never again put the brakes on Democrat spending without revealing themselves to be utter hypocrites. His abortive appointment of Harriet Myers betrayed that Bush was not committed to a conservative court but a crony court, one tolerable to his elites in the establishment.

Throw in open borders and pandering to China and one can see two additional legs leading to the undoing of the Republican Party which, thankfully, Donald Trump actually did see.

[Oatka]

The Feds own gold certificates with gold valued at $44 an ounce (1971 valuation). I have read that when the “Great Reset”** comes, they will revalue their holdings to $-Gazillion to erase the debt. One article said $3,600 an oz, but at the rate they are going, if the re-evaluation actually does come to pass, I’ll take Gazillion, Alex.

**Global monetary re-evaluation of gold.

[Toddsterpatriot]

And now the Fed and other major central banks are committing to an accelerated, infinite monetary debasement to underwrite their entire private sectors and their governments’ spending, to prop up bond markets and therefore all financial asset prices....”

Printing an infinite amount of money won't underwrite government spending and would destroy bond markets.