Conflation of inflation: The great carry-on trade?

Assets sensitive to inflation are less resilient

clock • 4 min read
JB Beckett, iNED and author of #newfundorder
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JB Beckett, iNED and author of #newfundorder

A long-held City supposition was that technology was on this unrelenting upwards curve.

That ‘Amazon effect' was momentous and deflationary, as it ravaged physical presence shopping, demised high streets, supplanted payrolls and reduced workforces with cheaper bots.  Side-effects of this were supposed to include a suppression in wage inflation as workforce's shrank around technology platforms while technology became cheaper. This view has validated a decade long disinflationary super-cycle hangover from the global financial crisis 12 years ago. The rationale was that technology and rampant money supply had expanded global indebtedness, triggering inflation in asset marke...

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