It’s all happening on Twitter heden ten dage. Daar vinden de interessante discussies plaats. Via @RubenvdGun kwam ik (@K_Dil) terecht bij een reeks tweets tussen de Nouriel Roubini en de Amerikaanse website ZeroHedge. Interessante materie.
Twee beren met elkaar in gevecht op Twitter over inflatie, deflatie, stagflatie, geldcreatie en onze economische toekomst, Willem Middelkoop komt ook nog even tussen beide:
Nouriel Nouriel Roubini
Hyperinflation! So much for hysterical claims that Fed policy & QEs will cause massive inflation “@zerohedge: PPI up 0.2%, exp. 0.1%”
Nouriel Nouriel Roubini
Expect disinflationary & deflationary pressures in G3 once a double dip increases the slack in goods, labor, housing & commodity markets
zerohedge zerohedge
@Nouriel Or claims that gold as an inflation hedge will tumble…
Nouriel Nouriel Roubini
If China double dips global deflationary pressures as its glut of capacity is dumped globally & commodity price crash bit.ly/riuS7u
Nouriel Nouriel Roubini
As in 2008-09 once we double dip we will get Stag-Deflation (Recession + Deflation) rather than Stagflation. There is no inflation in sight
Nouriel Nouriel Roubini
Thus bond mkt prices coming disinflation as UK double dips “@zerohedge: U.K. 10-Year Yield Lowest Since Bloomberg Records Begin in 1989″
Nouriel Nouriel Roubini
Correlation btw gold prices & inflation is negative. Gold prices were surging in 2008-2010 while G3 economies were gripped in deflation
Nouriel Nouriel Roubini
Consumers shopped out will lead to deflation”@hrteaparty: @Nouriel somebody doesn’t do their own grocery shopping! We can’t afford anything”
Nouriel Nouriel Roubini
Not yet as many EMs are still overheating. But yes after G3 double dip “@chondhe: @Nouriel will that be true for emerging markets as well?”
zerohedge zerohedge
@Nouriel Depression leads to deflation which leads to central printers being put into overdrive
Nouriel Nouriel Roubini
Question for @zerohedge: what are the bond markets in US, UK. Japan, Germany pricing with historically low yields? Inflation or Deflation?
zerohedge zerohedge
@Nouriel The same thing record gold is probably pricing in
Nouriel Nouriel Roubini
So explain Jap stuck in deflation 4 20yr @zerohedge: Depression leads to deflation which leads to central printers being put into overdrive
Nouriel Nouriel Roubini
You folks at @zerohedge have been crying the inflation wolf for 4 years now in a period of massive deflation. Depression causes deflation
zerohedge zerohedge
@Nouriel SocGen explained it far better than we can: is.gd/RswvFY
Nouriel Nouriel Roubini
Question 4 @zerohedge: massive global supply glut as China overinvested; lack of demand given delevering in G3. Thus inflation or deflation?
zerohedge zerohedge
@Nouriel Zero Hedge has been “crying” currency devaluation. Slight difference. Alas, we have been correct.
zerohedge zerohedge
@Nouriel This may be of interest bpp.mit.edu/usa/
Nouriel Nouriel Roubini
Gold as good as Spam in 4casting prices @Yalman_BN:two conflicting signs. Gold demand pricing in inflation; low bond yields signal deflation
zerohedge zerohedge
@Nouriel luckily the CME can not hike spam margins
Nouriel Nouriel Roubini
As in 2008-09 rising commodity prices will causes stagdeflation rather than stagflation as TOT shock leads to demand destruction & doubedip
wmiddelkoop willem middelkoop
@zerohedge @nouriel ..can we do this every day? ..love it
zerohedge zerohedge
Gold breaking out
wmiddelkoop willem middelkoop
@zerohedge ..deflationary
Nouriel Nouriel Roubini
If a currency is weaker another is stronger: they cant be all weak @zerohedge: ZH has been “crying” currency devaluation. Slight difference
zerohedge zerohedge
@Nouriel they can all be weaker in absolute terms relative to that which you can not print… be it spam or gold
zerohedge zerohedge
@Nouriel although granted executive order 6102 did not confiscate spam…
zerohedge zerohedge
RT @Not_Jim_Cramer “Correlation btw gold prices & inflation is negative” WTF? empirical corr. is +49% twitpic.com/67hfip since 1971
Nouriel Nouriel Roubini
Once back in depression CME will replace gold with Spam futures. US repealed gold in ’33 @zerohedge:luckily the CME cannot hike spam margins
zerohedge zerohedge
@Nouriel The right word is confiscated. Nothing like freedom of choice to decide what the right currency is
