What Inflation Alarmists Missed In Their Warnings
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Lance Roberts33.64K FollowersFollow5ShareSavePlay(12min)CommentsSummaryInflation alarmists have filled media headlines over the last few years, making a myriad of claims, but they have misunderstood what drives inflation in a consumer-driven economy.To understand why inflation alarmists have been incorrect, at least so far, you have to understand the “3 Ds”: Debt, Deficits, and Demographics.If inflation were going to stay hot, you’d see it in long-dated yields and in the breakeven rates. Dragon Claws/iStock via Getty Images Over the last couple of years, inflation alarmists such as Paul Tudor Jones, James Grant, and Jeff Gundlach have all said that inflation is returning with force. In different ways, they each stated thatThis article was written byLance Roberts33.64K FollowersFollowAfter having been in the investing world for more than 25 years from private banking and investment management to private and venture capital; I have pretty much "been there and done that" at one point or another. I am currently a partner at RIA Advisors in Houston, Texas. The majority of my time is spent analyzing, researching and writing commentary about investing, investor psychology and macro-views of the markets and the economy. My thoughts are not generally mainstream and are often contrarian in nature but I try an use a common sense approach, clear explanations and my “real world” experience in the process. I am a managing partner of RIA Pro, a weekly subscriber based-newsletter that is distributed to individual and professional investors nationwide. The newsletter covers economic, political and market topics as they relate to your money and life. I also write a daily blog which is read by thousands nationwide from individuals to professionals at www.realinvestmentadvice.com.