A global recession is on the horizon - please read OP for mod warning

Who cares if it's asset price inflation or not asset price inflation. The punter doesn't care, they've been living with ridiculous cost of living increases since this madness began ten+ years ago. Increasing the supply of something reduces it's value. This is basic stuff, no need for a peer reviewed paper, it's common sense a market trader would know.

property is now considered an asset, i.e. a part of asset markets, i some how think the average punter is very concerned about this, as many are still paying their mortgages, and many others simply cant get access to such markets! maybe this is playing a part in the cost of living crisis!

....again, nope.....

The dollar continues to grow stronger despite the inflation. I think what's happening is that inflation is so bad elsewhere that it's driving up demand for the dollar as a safe haven currency. But of course all of these are fiat currency, so overall the value of money is depreciating with respect to commodities.

An excellent and perfectly delivered rebuttal.

You are coming across as one of those Zerohedge nuts spouting about conspiracies and such by the way you are debating.

Well, the focus of the debate at the moment is about the US as they are the biggest players.

Even so, 5% inflation when there was no war on in Europe isn't actually great now is it, especially when we know that inflation data lags. What's the ECB target inflation, 2%? Yet they are still in negative rates and in QE mode, well up to this month?

I do agree that there are differences between European and US inflation, especially core inflation, but the ECB seems to be asleep at the wheel, it may end up being the same cluster **** of Central Bankers being too slow to turn off the tap of cheap money.

Only sovereign governments can print money

They shouldn't have printed money the last few years like it was free when it was clear that the economy was ticking over just fine. Looking at the markets, house prices etc it is clear that the printed money wasn't necessary. Yet they kept printing it anyway. Now, as you say, it is a supply shock so quenching demand as the supply issues untangle is a recipe for a recession. That is why the markets are pricing in a short, sharp recession followed by some rate cuts in the next two years.

Inflation pre Ukrianie war was climbing. The EU went all in after that with oil sanctions basically throwing TNT into the furnace. They are slowly boiling the frog.

yup, 'trickle down', the biggest scam ever, and now we re experiencing the rapid collapse of the rentier economy!

Very concerning considering when stocks go down they normally switch into bonds because they are risk free right. Seem's like everyone is going into cash all of a sudden.

The one thing no one mentions about this sovereign debt thing is the derivative market tied to them. All packaged up as AAA investment products, sold by the banks to hedge funds & pension funds. Similar to that mortgage backed securities scam, it was not the mortgages that made the dominoes collapse it was the credit swaps. Just this one is 100's of times bigger, so how do you bail that **** out ?

Greece nearly collapsed a continent, Italy is a ten times bigger. Not going to be allowed to happen is it, so looks like never money printing regardless. What an outlook, low rates, high inflation and more debt or total collapse.

...once again, the economy of the average person hasnt been improving over the last decade, it in fact has been rapidly declining, only asset markets, and the primary owners of assets have truly gained!

what we re currently experiencing is rapid deflation in asset markets, as credit begins to dry up, yes this in linked to rising rates, but its an intentional economic crisis, and its gonna largely fail for the average person, but since theres plenty of protective measures in place for these primary asset owners, they ll be fine!

...again, sovereign debt crisis are normally caused by credit crisis, greece and italys issues were directly related to this in the past, the cause was in fact the credit crisis, i.e. not exactly greece or italys fault as such, but scapegoat's are always handy!