When ‘Deflation’ Reveals ‘Inflation’

By |2015-02-12T15:05:39-05:00February 12th, 2015|Commodities, Economy, Federal Reserve/Monetary Policy, Markets, Stocks|

One of the curiosities of the commodity collapse since the end of last June has been how various financial derivatives have been thrown off. I’m not speaking of credit default swaps of small businesses that provide sand to fracking rigs or “products” like that, but something far more basic. The price of commodities should, you might think, provide a basis [...]