Are inflation expectations ahead of themselves?

Posted by Jack Crooks - Black Swan Capital

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I read a great piece by HSBC Chief Economist guru Stephen King that appeared in the Financial Times this morning, “Trigger-happy central bankers risk wrecking the recovery,”  [Note: We often consider things great when they are aligned with one’s own world view; which is the case here; as I too think developed world central banks have gotten ahead of themselves.]

Here are some excerpts that I think make great sense: