{"id":59120,"date":"2021-08-24T11:52:53","date_gmt":"2021-08-24T16:52:53","guid":{"rendered":"https:\/\/olduvai.ca\/?p=59120"},"modified":"2021-08-24T11:52:53","modified_gmt":"2021-08-24T16:52:53","slug":"inflation-covid-central-banks-and-politics-about-half-the-things-to-really-worry-about","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=59120","title":{"rendered":"Inflation, Covid, Central Banks and Politics \u2013 about half the things to really worry about\u2026"},"content":{"rendered":"<div class=\"hero-section\" data-type=\"type-2\">\n<header class=\"entry-header ct-container-narrow\">\n<h3 class=\"page-title\" title=\"Inflation, Covid, Central Banks and Politics \u2013 about half the things to really worry about\u2026\"><a href=\"https:\/\/morningporridge.com\/blog\/blains-morning-porridge\/inflation-covid-central-banks-and-politics-about-half-the-things-to-really-worry-about\/\">Inflation, Covid, Central Banks and Politics \u2013 about half the things to really worry about\u2026<\/a><\/h3>\n<div class=\"page-description ct-hidden-sm\"><strong>As markets shake off their summer slumbers, what should we be worrying about? Lots..! From real vs transitory inflation arguments, the long-term economic consequences of Covid, the future for Central Banking unable to unravel its Gordian knot of monetary experimentation, and the prospects for rising political instability in the US and Europe.<\/strong><\/div>\n<\/header>\n<\/div>\n<div class=\"ct-container\" data-sidebar=\"right\" data-vertical-spacing=\"top:bottom\">\n<article id=\"post-9033\" class=\"post-9033 post type-post status-publish format-standard has-post-thumbnail hentry category-blains-morning-porridge category-central-banks category-covid category-inflation category-political-risk category-politics tag-central-banks tag-covid tag-federal-reserve tag-inflation tag-politics tag-retail-savings\">\n<div class=\"entry-content\">\n<p><em>\u201cHow many divisions does the Pope have?\u201d<\/em><\/p>\n<p>This morning:\u00a0<em>As markets shake off their summer slumbers, what should we be worrying about? Lots..! From real vs transitory inflation arguments, the long-term economic consequences of Covid, the future for Central Banking unable to unravel its Gordian knot of monetary experimentation, and the prospects for rising political instability in the US and Europe.<\/em><\/p>\n<p><em>Same as, same as\u2026. \u00a0<\/em><\/p>\n<p><strong>Not an Apology<\/strong><\/p>\n<p>I\u2019ve been told I should apologise for yesterday\u2019s Porridge. A reader unsubscribed because I don\u2019t treat Tesla seriously. (Shock, horror.. somehow I shall live with the pain of rejection\u2026) Another commented: \u201c<em>hating Tesla must be a very difficult way to make a living<\/em>.\u201d Sure. I agree \u2013 it is. In my private Jihad versus Elon Musk I have missed massive market upside\u2026 but then again, it\u2019s not my job to pump up illusory market valuations. It\u2019s to paint the picture as I see it, and caution foolish markets about their gullibility. I will continue to characterise Tesla as an unjustifiably overpriced automaker, pretending to be something else, run by a narcissistic show-boater.<\/p>\n<p>Meanwhile\u2026<\/p>\n<p><strong><u>What should we really be worrying about?\u2026\u2026<\/u><\/strong><\/p>\n<ul>\n<li>China?<\/li>\n<li>US Politics in the wake of the Afghan Skedaddle?<\/li>\n<li>Overpriced Markets and Asset Bubbles?<\/li>\n<li>The future of Tech and ESG?<\/li>\n<li>Central Banks trapped by the consequences of their own monetary experimentation?<\/li>\n<li>Boom or Bust post Covid Economies?<\/li>\n<li>Inflation, Deflation or Stagflation?<\/li>\n<\/ul>\n<p>\u2026click on the above link to read the rest of the article\u2026<\/p>\n<\/div>\n<\/article>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Inflation, Covid, Central Banks and Politics \u2013 about half the things to really worry about\u2026 As markets shake off their summer slumbers, what should we be worrying about? Lots..! From real vs transitory inflation arguments, the long-term economic consequences of Covid, the future for Central Banking unable to unravel its Gordian knot of monetary experimentation, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[15674,23143,124,29341,426,534,607],"class_list":["post-59120","post","type-post","status-publish","format-standard","hentry","category-economics","tag-bill-blain","tag-blains-morning-porridge","tag-central-banks","tag-covid","tag-inflation","tag-monetary-policy","tag-pandemic"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/59120","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=59120"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/59120\/revisions"}],"predecessor-version":[{"id":59121,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/59120\/revisions\/59121"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=59120"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=59120"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=59120"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}