The Big Picture Continuum

The Continuum (monthly 30yr yield with the 100 month EMA ‘limiter’) simply states that the economy was weakening, as were inflation expectations, before 2020. In early 2020 we got a real deflationary jolt from which asset markets are still clawing back, with full frontal inflationary support from a Federal Reserve desperate to keep asset owners whole (and further enriched) and to further punish savers and those without the means to invest in the racket.

They called Ben Bernanke “the Hero” but he was actually the perpetrator of the next debt-backed inflation that would further ruin the country, primarily by greatly increasing the divide between asset owners and everyone else. If we had taken the pain in 2008 and 2009 we’d be on a new system now. Instead, we are riding the Greenspan>Bernanke>Powell continuum. Yellen is omitted because nothing egregious happened under her watch. She slipped in between the cycles and fell through the cracks.

Racism? Scapegoating? Xenophobia? Paranoia? Polarization? Caricature of the truth and of the debate? It’s all in there and it’s all in one way or another compliments of the rigged monetary system promoted by the Fed and whatever party happens to be in power at any given time (let’s remember that Bernanke’s ‘rich richer, poor poorer’ scheme was cooked up under a supposed socialist president). The public is filled with political bias and hatred but is relatively ignorant about where the wheels of injustice actually turn.

So here we are today, on a relentless reset from the deflationary angst of the spring. If/as inflation expectations increase let’s keep in context what is going on here. It is a snap back, an adjustment, a reversion. All within the deflationary continuum against which these pigs periodically and desperately inflate as needed. I’ve maintained for many years now that it’s Inflation on Demand, and it’s now more intense and for higher stakes than ever. The mega Trillions in debt behind it says so.

1 2
View single page >> |

Subscribe to NFTRH Premium for your 40-55 page weekly report, interim updates and NFTRH+ chart and trade ideas ...

more
How did you like this article? Let us know so we can better customize your reading experience. Users' ratings are only visible to themselves.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.
John Franko 2 months ago Member's comment

Great article. SO what's the best to do going forward?