In May of 2020 I was on Anthony Pompliano’s podcast describing the likelihood of high inflation in the coming years and the Fed chasing their tail as this became evident in 2021/2022: “I don’t see how there can’t be some inflation that comes out of this…I’m not transitioning into a hyperinflation sort of mentality but I don’t see how there’s any chance that coming out of like, say 2021 or 2022, that if the economy is really rebounding that we don’t have three, four, five percent [core] inflation and I think you could have the Federal Reserve chasing their own tail raising rates.” Now, we shouldn’t blame the Fed for ... (full story)