Inflation’s Collapse

[sumdumguy]

1 pound is worth 1.48 Cdn dollars. Same as 1985.
Some one can post the chart?

[shtferbrains]

Yen might be worse

[errolanderson]

GBP Futures halted.

Pound Flash Crashes 500 pips To Record Low Amid Global FX Carnage As Things Start Breaking | ZeroHedge

If this can happen to the British Pound, it can happen to any currency.

Errol do you think deflation is their concern in the UK?

Anything with supply chain issues is battling price gouging, (that's not inflation as gouging can disappear quickly). Anything that is not battling supply chain issues is clearly deflationary.

Case in-point . . . one month ago natural gas was $10 per MMBTU, today $6.60 per MMBTU. King crude sliding below $77.50 per barrel on-the-spot. Gold based on USD broke $1,625 per oz overnight. Bottomline, commodities now in-collapse. Grains holding up on Putin. But palm oil in huge selloff in Asia as China economy in-recession.

Fed policy is an absolute mess (IMO). Core inflation data is as much as 3 months old. U.S. and Canada clearly in-recession no matter the BS in the media . . . .

[biglentil]

Please bring on the deflation you've been calling for for years now.

[errolanderson]

Money printing inspired inflation creating false economics and overvaluations that has exploded in the past five (5) years is over . .

The U.S. Fed policies ballooning artificial stock market values and home prices (pay me now greed and worry about the future later) has now clearly come home-to-roast. This may be a very deep and long recession. Stock recovery may take years . . . .

[Happytrails]

. Anything that is not battling supply chain issues is clearly deflationary[/QUOTE]

Anything without supply chain issues must not be a scarce resource. I can't see any goods falling into that category. Maybe some services. (university professors?)

[Guest]

Money printing inspired inflation creating false economics and overvaluations that has exploded in the past five (5) years is over . .

The U.S. Fed policies ballooning artificial stock market values and home prices (pay me now greed and worry about the future later) has now clearly come home-to-roast. This may be a very deep and long recession. Stock recovery may take years . . . .

You’re back macdon , it is you, isn’t it ?
Missed your excellent market insights !

[sumdumguy]

Sort of beside the point but anyone listening to Gormley today would have heard that 88% of the professors are bent to the left and vote that way. They are not tolerant nor open to views that do not coincide with their own so governments are legislating policy that forces them to be open to alternate views. They will just flunk the dissenters for their, “inappropriate views”. Unbelieveable!

[jazz]

.

[errolanderson]

Fallout in natural gas, precious metals and copper getting nasty. This is a stark waring to crude oil (IMO).
OPEC production cuts may be more panic move to derail a possible washout in oil prices. Cause: quickly deepening global recession. Asset prices coming under increased selling pressure.

These comments definitely not coming from main stream media . . . .