Banks Are Buying Bonds

Banks Are Buying Bonds
Hundred dollar bills are are counted out by a banker counting currency at a bank in Westminster, Colo., on Nov. 3, 2009. Rick Wilking/Reuters
Steven Van Metre
Updated:
Commentary

Inflationists are cheering the rise in lending growth as it appears to be a sign of reflation and economic growth as we head into the new year. With the Fed rapidly tapering its balance sheet, a rise in lending growth is providing validation that inflation is here to stay and that perhaps the economy is on the edge of a long-anticipated secular rise in inflation.

Steven Van Metre
Steven Van Metre
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Steven Van Metre, CFP, designs and manages unique investing strategies. He has a YouTube show where fans across the globe tune in to hear his thoughts on the global economy, monetary policy, and the markets.
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