Did Powell Let The Bond Bears Out?
Real Vision: Finance & Investing
00:00
Is the ECB Really Behind the Curve?
The ECB is very far behind the curve. You also have money supply shrinking. M1 is now flading. And you see kind of the same thing in the USMoney is shrinking at a time in the cost of everything still going up. Food inflation is sticky. When you look at the CPI in the US, it's 139 different components of food inflation. Getting a seasonal effect on that, getting a base effect on that is very difficult because there are so many different things.
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