Coin Bureau, relaying another source: Inflation will rise

Said on Aug 4, 2024, at 4:06 in the video.

What was said
Coin Bureau

@coinbureau

“the authors note that these debts have put limits on fiscal and monetary policy tools the bis also sees inflation as a risk specifically inflation coming from a rising cost of goods caused by supply chain issues and inflation coming from a rising cost of Labor due to a shortage of Labor”
Watch at 4:06Watch Out!! Economy Could Get Worse?! The BIS Predicts This!
PredictionInflationwill rise
What happened
Relayed

Somebody else's forecast — not scored

The window it was checked over

InflationWindow checkedRecession (NBER)
0%2%4%6%8%10%202120222023202420252025Said on Aug 4, 2024
0%2%4%6%8%10%2021202320242025Said on Aug 4, 2024

Consumer price index (CPI): U.S. Bureau of Labor Statistics via FRED, figures as first published. The shaded span is the window the call was checked over; grey bands are recessions.

Result at every window

All windows are shown, so none is picked

Somebody else's forecast — not scored

What was said around it

Market participants as you might have noticed most investors are expecting a soft Landing that is inflation will come down without unemployment going up or the economy slowing too much the authors seem to imply that this prediction is premature from the bis's perspective the biggest risk to a soft Landing is the UN fathomable amount of debt that's been taken on by the private sector AKA households and corporations and the public sector AKA governments the authors note that these debts have put limits on fiscal and monetary policy tools the bis also sees inflation as a risk specifically inflation coming from a rising cost of goods caused by supply chain issues and inflation coming from a rising cost of Labor due to a shortage of Labor not to brag but but this is exactly what we predicted will happen in our video about why globalism is dead and of course the authors acknowledg that a spike in commodity prices related to geopolitics could also cause a Resurgence in inflation and they say this quote the outcome so far has been surprisingly benign but tougher tests May lie ahead translation geopolitics could become more volatile for what it's worth the bis believes the banking system will

What a person said is shown in their own words and is never translated. The link goes to the exact second in the video.

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