I live in oil country. Know lots of things are working together for oil prices. But when you have short term interest bearing treasury bonds going for more than long term, that to me says inversion. Period. And with the overall interest rates so low and still yelling for the feds to keep lowing them...how low can they go already.actually monetary inflation is quite low . a lot of the increases we see are shortage and demand based not an inflating money supply ..
just look at oil as an example.what was once scarce is now abundant . oil is cheaper today then 12 years ago ... when we increase supply or stop the over use prices fall on most things . it has nothing to do with the money supply
If I find that history of the money I'll post the link. Very interesting and scary to see where we can be headed. Most would say greed and avarice I guess. Pretty soon a kid will pop out of his mom's womb a few hundred grand in debt!