COVID Stimulus Is Worsening Commodity Shortages and Inflation: Goldman
Direct payments and boosted unemployment benefits lifted demand for commodities. Yet supply hasn't caught up, and it's now keeping inflation high.
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Direct payments and boosted unemployment benefits lifted demand for commodities. Yet supply hasn't caught up, and it's now keeping inflation high.
Commodity supercycle turut mengakselerasi kinerja ekspor sawit karena memicu tren positif pada harga. Fenomena ini diperkirakan bakal bertahan cukup lama.
Read more about Statsguru: Commodity supercycle may hurt India amid Covid-19 pandemic on Business Standard. After a year of limited activity, several economies are expecting a faster-than-usual bounce back to normal. This has led to an increase in commodity prices across the board
Agriculture.com Community Bookmark Highs 1920, 50, 80, 2020ish. The 2010 one skewed a little- if you use an oil heavy index it peaked in '08, gold heavy peaked in '11. Anyway, good enough for government work. A few thoughts- '20 and '50 were at the culmination of war driven demand/scarcity. -'80 was inflation/gold driven- followed the unpegging of the dollar. -'08 was oil driven (and pegging food to oil). Oil was arguably a lot more important monetary commodity than gold by then- petrodollars and all that. -'11 was just an echo bubble- everybody playing for the inflation that never came. Thou...
Agriculture.com Community Bookmark Highs 1920, 50, 80, 2020ish. The 2010 one skewed a little- if you use an oil heavy index it peaked in '08, gold heavy peaked in '11. Anyway, good enough for government work. A few thoughts- '20 and '50 were at the culmination of war driven demand/scarcity. -'80 was inflation/gold driven- followed the unpegging of the dollar. -'08 was oil driven (and pegging food to oil). Oil was arguably a lot more important monetary commodity than gold by then- petrodollars and all that. -'11 was just an echo bubble- everybody playing for the inflation that never came. Thou...