Deutsche Bank Warns: Ignoring Rising US Inflation Akin to ‘Sitting on a Time Bomb’

Deutsche Bank Warns: Ignoring Rising US Inflation Akin to ‘Sitting on a Time Bomb’


Deutsche Bank published a report Monday noting that the United States is facing “the very real specter of consumer-driven inflation.” The bank’s chief economist David Folkerts-Landau and others notably highlight the Federal Reserve’s monetary easing policy and recent tolerance toward higher inflation.

Deutsche Report: ‘Transitory Inflation Could Feed Into ’70s Style Stagflation’

The price of commodities in the U.S. has surged according to a number of recently published studies over the last two months. Currently, commodity-price increases are moving in lockstep as products like oil tapped a two-year high, the price of lumber jumped 377% in a year’s time, electronics are 10% more expensive across the board, copper has risen to record highs, soybeans and corn prices have skyrocketed, and retail beef and pork is eliciting “sticker shock.”

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On June 7, Germany’s lending giant Deutsche Bank published a report with a dire warning to the U.S. concerning inflation. The study features Deutsche’s chief economist, David Folkerts-Landau, the company’s head

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