While the world has been focused on the bitcoin price explosion, copper and other commodity prices have been climbing to all time highs. Most recently, mainstream headlines and investors are starting to turn their attention to some industrial metals and their relevance in the new green agenda.
I address the 10 economic, sociological and political drivers that will probably lead to one of the major turning points in the history of inflation:
Velocity of Money is the turnover of money in a given period the time. Typically, increasing money velocity rates lead to higher inflation.
The 10-year yield is a good benchmark for fear of inflation but not a reliable bellwether of future inflation.
