mame
Well-Known Member
So you agree with the trend analysis then? It seemed pretty solid to me... But you still come to the conclusion that we have "plenty of inflation" which is a position that I obviously dont support as I feel like a 4-6% inflation target would be much more beneficial to our economy than the usual 2%.I already explained this many moons ago. Not sure if you ever read it though. Gold prices go up in times of negative "Real" interest rates. It has nothing to do with supply, since the supply NEVER goes down, only up and supply has nothing to do with demand, but prices.
We may have low interest rates, but we have plenty of inflation, negative real interest rates and inflation go hand in hand.