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RE: ALERT! The Yield Curve Continues To Flatten At An Alarming Pace. By Gregory Mannarino
It means higher future inflation, because prices will not be allowed to correct downwards, and as u know, prices are under tight control.
Formal inflation statistics are rigged like other statistics, so it may seem that my prediction will miss.
What this means is additional strife and decline in real terms for the middle class.
Anything new?
Market crash will not happen unless it will be allowed to happen.
To try to time it is very dangerous.
In the long term, inflation guarantees a rise in prices, including stock prices.
If you look at some of the past debt to income number published. Is there really a middle class still? There is only rich , under water and barely above water (living paycheck to paycheck). Once the inflation hits probably 80+ percent will be wiped out.
I guess that some of those whom you consider rich I consider middle class.
I refer to working people whom are not considerable shareholders and do not have more than 1 spare apartment to rent.
I believe that inflation will not get close to an annual 80%.
Some will be allowed to maintain the middle class lifestyle, for their hard work.
The ruling class has no need to eliminate middle class completely.
They have as much money as they want already.
They seek control.
Their own IMF already warned from the growing inequality a few years ago.
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