Winter (Inflation) is Coming
▻https://hackernoon.com/winter-inflation-is-coming-bee4a9eb3b5f?source=rss----3a8144eabfe3---4
There are many times in life where I notice something is happening, I make a mental note of it and schedule time to think about that noticed “thing” at some point in the future. One of those things came back and really hit me in January — why was the U.S. dollar so weak in 2017? The U.S. Dollar Index, which measures the value of the dollar against a weighted basket of currencies, recently slipped to its lowest level in more than two years.As it was happening last year, it surprised me. At first glance, the U.S. has much more lucrative yields for its bonds than Japan or Europe, which is a factor in the currency. The German bonds are yielding 0.70% and Japan’s bonds spent much of last year in the negative (an investment that structurally costs money). The U.S. economy is doing better than most (...)