SIJ - Product Promoters Need To Forecast Rising Prices

• Further to my comments in inventory build belies shortage hype, those in the business of selling the highest fee investment products also are interested in predicting rising prices to encourage buyers.
• It is also not surprising that cryptocurrency proponents (like Jack Dorsey and others) espouse run-away inflation since fiat debasement is a big part of their bullish altcoin forecasts.
• Meanwhile, it’s worth noting that higher inflation reduces real earnings and has historically been negative for stock returns when it coincides, as now, with high equity valuations.

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