65b The Fed is right about inflation this time

>> YOUR LINK HERE: ___ http://youtube.com/watch?v=ma2iAiNP284

US producer prices surged in the month of March. But Federal Reserve chairman Jay Powell said they won't last, that they are transitory . HE IS RIGHT! But the reason he gives - the covo - is not correct. No, the reason is the same one since 2007: the global, silent depression. • • --------SPONSOR--------- • Friends, are you worried your monetary policies are causing lurid levels of inequality? Are you concerned civil war, its hour come round at last, slouches toward K Street? Do you worry how your supple neck will fare when the blood-dimmed tide is loosed? Then the new Eurodollar Enterprises Second Skin Neck Brace is for you! • Yes, strut through The Waste Land knowing that marauding lynch mobs of War Boys pose no danger. The carbon-fibre nanoweave is comfortable, flexible and the ultimate luxury in an April dystopia you hastened. Barter aquacola for guzzoline at Thunderdome with no concern of the guillotine. Is that the Road Warrior with a chainsaw? Then save your skin... with your Second Skin Neck Brace. • • --------SEE IT---------- • Twitter: / jeffsnider_aip • Twitter: / emilkalinowski • Alhambra YouTube: https://bit.ly/2Xp3roy • Emil YouTube: https://bit.ly/310yisL • Art: https://davidparkins.com/ • • --------HEAR IT--------- • Vurbl: https://bit.ly/3rq4dPn • Apple: https://apple.co/3czMcWN • Deezer: https://bit.ly/3ndoVPE • iHeart: https://ihr.fm/31jq7cI • TuneIn: http://tun.in/pjT2Z • Castro: https://bit.ly/30DMYza • Google: https://bit.ly/3e2Z48M • Spotify: https://spoti.fi/3arP8mY • Pandora: https://pdora.co/2GQL3Qg • Breaker: https://bit.ly/2CpHAFO • Castbox: https://bit.ly/3fJR5xQ • Podbean: https://bit.ly/2QpaDgh • Stitcher: https://bit.ly/2C1M1GB • PlayerFM: https://bit.ly/3piLtjV • Podchaser: https://bit.ly/3oFCrwN • PocketCast: https://pca.st/encarkdt • SoundCloud: https://bit.ly/3l0yFfK • ListenNotes: https://bit.ly/38xY7pb • AmazonMusic: https://amzn.to/2UpEk2P • PodcastAddict: https://bit.ly/2V39Xjr • • -EP #65: PART 02 TOPICS- • 00:01 US Producer prices for the month of March increased at the fastest pace in a decade. • 00:56 A similar inflationary surge in PPI occurred in 2010-12 period. • 02:20 In September 2011 Ben Bernanke warned that the PPI surges at the time were transitory . • 04:38 Bernanke was correct that base effects and commodity prices raised PPI • 06:56 Good inflation is brought about by full employment and is not transitory . • 09:07 Jay Powell also says the PPI surge is transitory , but he blames COVID for it. • 11:27 A chart potpourri of monetary measures confirming a meek (and pausing?!) reflation. • • -------REFERENCES------- • Scorching, Blistering, Highest In A Decade! Powell’s The Voice of Reason Here?: https://bit.ly/32kpNcW • Alhambra Investments Blog: https://bit.ly/2VIC2wW • RealClear Markets Essays: https://bit.ly/38tL5a7 • • --------WHO---------- • Jeff Snider, Head of Global Investment Research for Alhambra Investments and Emil Kalinowski. Art by the Ingmar Bergman of the pen, David Parkins. Podcast intro/outro is Strolling with You by John Runefelt at Epidemic Sound. • • --------TAG--------- • #JeffSnider #PPI #Inflation

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