Bond King Bill Gross sees Bond Bubble

PIMCO's Bill Gross, in spite of having made a name for himself in bond trading, bet huge against US Treasuries in 2011. Unfortunately for him, Treasury yields managed to remain low and overall demand remained high, on account of massive bond buying by the US Federal Reserve. Nowadays, Gross is still of the same mind, but with the added knowledge that the Fed is going to continue doing what it's doing. The bond bubble will go on in 2013.

ECB mulls rate cut for 2013

Photo from London Evening Post

There really is no escape from the damage of bad monetary policy, rising deficits and debt, etc. But this won't stop the European Central Bank, the ECB for short, from trying. It is considering a cut in its interest rate for next year, which goes to show that absolutely nothing has been learned since Greece started falling apart several years back.

Higher food prices here to stay

The World Bank, a disease-ridden institution that perpetuates the bubbles that wreak havoc in the world, is admitting that higher food prices are now the norm.

This to me indicates just how far ahead we are in understanding the link between bubble monetary policies, and higher prices.