ZeroHedge Search

One has to wonder… just how high are real costs that a food company substitutes wood pulp for meat? One also has to wonder… just how accurate is the CPI or any government inflation metric that looks primarily at nominal pricing? The simple answer to that one is “not accurate at all.”

The biggest problem with the epic Central Bank rig of the last five years is that propping up a bankrupt financial system by printing money only works for so long.

This is why the Fed’s claim that higher prices are just “noise” is so ridiculous. The Fed is either ignorant or lying. Neither of those is good. Indeed, the only support the Fed has for its claim is that bond yields remain at historic lows... which the Fed itself is causing.

The fact that the economy shrank like this, DESPITE all of the Fed’s interventions over the last five years AND the credit growth in the first quarter of 2014 is proof point blank that the Fed’s economic models are wrong.

Indeed, for Gold to even realign based on the Fed’s actions, it would need to be north of $1,900. That’s a full 35% higher than where it trades today.

Weak GDP growth with major currency devaluation? This is called stagflation. And it’s causing the Bank of Japan some doubt.

Those in charge of regulating the system will lie, cheat and steal rather than be honest to those who they are meant to protect (individual investors and the public)

Marx, for all his rhetoric on the working class, never started a single business or created a single job in his life. He didn’t work. He just sat around and wrote books about things he never experienced in first person. Four of his seven children died as a direct result of poverty from his failure to provide for his family.

Janet Yellen just cemented her status as the third member of the unholy triumvirate of Fed Presidents: Greenspan, Bernanke, and now Yellen.

The clock is ticking on the "Europe is fixed" narrative. It's only a matter of time before the banking crisis resurfaces.

Inflation is once again soaring in the US. Oil is back above $100 per barrel. Stocks have more than tripled from their 2008 lows, and housing is now more expensive relative to incomes than it was in 2007 for some markets.

Let’s be blunt here. The Fed has engaged in the single largest monetary experiment in history, betting the US economy and banking system on misguided theories that have little to no evidence of success.

The reality is that what’s happening in the US today is not a cyclical recession, but a one in 100 year, secular economic shift.

God only knows how many billions of yuan’s worth of loans and financial instruments were using this imaginary stuff as collateral, but then again, God only knows a lot of things about China’s economic “miracle.

The markets are not recognizing the clear signals that things are changing behind the scenes. This is precisley how 2007 lead to 2008.