How Inflation Affects Growth Versus Value
By Ben Carlson Posted by TEBI on May 3, 2020
It seems bizarre to worry about inflation during the sharpest, more severe economic contraction of our lifetime.
But the sheer amount of government spending and monetary policy being instituted by the Federal Reserve means it’s something that’s on people’s mind as a potential risk in the not-too-distant future. The “worry” is once the virus is contained the economy could potentially overheat through a combination of pent up demand and government spending.
My initial read on this is if we do get inflation from all of this spending that’s a good thing — it means we beat the virus and things are back to normal (if there is such a thing).
The Fed would have a much easier time fighting inflation than the current predicament.
Here’s former Fed chair Janet Yellen in the Wall Street Journal discussing this idea:
Bigger federal borrowing needs will make it costly for the Treasury should interest rates eventually rise. “If the economy recovers and inflation is a problem, that will be the test,” says former Fed Chairwoman Janet Yellen. That isn’t a problem now. If it ever is, she says, “I think the Fed is going to win out on that.”
You have to be thinking 12 moves ahead to start planning for higher inflation at this point but there are likely some areas of the market that would benefit more from an inflationary spike than others.
Earlier this week I posited that low interest rates may be the simplest explanation for the stock market’s resilience. A few people pushed back with the fact that rates have been low in Japan and Europe as well and their markets haven’t been quite as strong.
Japan is on another planet when it comes to market relationships in general but there is an explanation for this. Because of the differences in the sector make-up of the underlying markets, U.S. stocks are more heavily weighted towards growth stocks while European and Japanese stocks are more in the value camp.
In a low rate, low inflation world, growth stocks tend to perform better while value stocks tend to do better when inflation is higher:
![Exhibit-1[1].png](https://images.squarespace-cdn.com/content/v1/5d5222a44813620001d89582/1588680435234-5M7JDG6578DA6Y6Q32PG/Exhibit-1%5B1%5D.png)
Think about growth stocks like they are a bond. The reason inflation is such a big risk for bondholders is because the purchasing power of your fixed rate income payments is eroded over time by inflation.
To continue reading, please go to the original article here:
https://www.evidenceinvestor.com/how-inflation-affects-growth-versus-value/
Tomorrow’s Election Changes Nothing About The National Debt
Notes From the Field By james Hickman (Simon Black/Sovereign Man) November 2, 2026
Johnny Moon was homeless and unemployed in the early 2000s. A high school dropout with a bad drug habit, Moon was hardly someone that banks would consider creditworthy.
And yet, over the course of a single year, he was able to borrow more than $600,000 to buy five different investment properties.
Rob Cunningham: Follow the Money
11-2-2026
No one hands over the world’s printing press voluntarily.
Start with one fact. The United States produces about 26% of world GDP, and the dollar is on one side of roughly 89.2% of foreign-exchange trades (BIS Triennial Survey). Whoever controls how dollars are issued, priced and settled controls the measure the largest economy on earth trades in, and through it the world’s trade.
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Miles Franklin Media: 1-11-2026
Michelle Makori, President & Editor-in-Chief of Miles Franklin Media, interviews Vincent Lanci, Publisher of GoldFix, Managing Partner at Echo Bay Partners, and Professor of Finance, about the sharp sell-off in gold and silver, growing risks in the U.S. financial system, and why he forecasts gold reaching $10,000 alongside 10% inflation within the next two to five years.
Lanci warns that cracks in credit markets, potential Treasury market instability, and the bursting of the AI bubble could force the Federal Reserve to reverse course even as inflation accelerates.
Good Afternoon Dinar Recaps,
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TNT:
Tishwash: Fahmi Burhan: The Kurdish regions are our strategic depth, and Article 140 is the basis for the solution.
The head of the General Authority for Kurdish Areas Outside the Region’s Administration, Fahmi Burhan, affirmed today, Sunday, November 1, 2026, that the Kurdish areas represent the strategic depth and national identity of the people of Kurdistan, stressing the need to address their issues based on the constitution, while warning at the same time of the negative repercussions of internal disputes in the region on the conditions of those areas.
During an interview on Kurdistan 24, Burhan said, "The Kurdish regions, especially Kirkuk, Khanaqin, Sinjar, Makhmur, and the Nineveh Plain, constitute the central issue and the strategic and historical depth of the Kurdish people," noting that the Kurds' struggle, revolutions, and diplomatic efforts over the past hundred years have focused on determining the fate of these regions.
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Excerpts From the Restored Republic via a GCR Update as of Tues. 2 Nov. 2026
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Reset Intelligence: Iraq Vows to Close the Dollar Gap
11-2-2026 By Reset Intelligence | @EXIT_FIAT
On Sunday Iraq’s deputy prime minister, Mohammed Ali Tamim, went on state media with a promise about the dollar. The price on Baghdad’s street, he said, “will decline and come very close to the official exchange rate.” Then he added: “I take responsibility for these words.”
His reason is cash. Washington, he said, has decided to send $3 billion over 2 months, in 6 loads of about $500 million each. By his account the first arrived on Thursday and the second is due Monday.
CBI Reserves Top 113 Trillion Dinars After Devaluation
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Good Morning Dinar Recaps,
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Clif High Warns of Banking System Collapse: Could Gold and Silver Benefit?
Capital Insight: 11-1-2026
This Capital Insight episode examines Clif High’s discussion of potential disruptions to the international banking system, sovereign debt, central banks, and the future of money.
High argues that established financial institutions could face significant disruption as the existing debt-based monetary system comes under pressure.
He also discusses how these changes could affect the broader economy, including the possibility of a downturn, and why he believes gold and silver could benefit from a potential restructuring of the financial system.
High’s prediction of a new asset-backed digital currency he calls the “Treasury Dollar”
"Countdown To Cutting Off Dealings With The International Development Bank": The US Treasury Extends The Deadline For Settling Financial Transactions Until December 1st.
The US Treasury Department announced an extension of the deadline for ending financial transactions with the International Development Bank for Investment and Finance of Iraq until December 1, after imposing sanctions on it in mid-October, on the grounds of accusations of facilitating Iran’s access to the US dollar and establishing financial relations with entities linked to Tehran.
Good Afternoon Dinar Recaps,
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Is a New Financial Order Taking Shape? | Susan Kokinda & Michelle Makori
Miles Franklin Media: 11-1-2026
Michelle Makori, President & Editor-in-Chief of Miles Franklin Media, speaks with Susan Kokinda, Coalitions Vice Chair of the Michigan Republican Party and co-founder of Promethean Action, about why she believes President Donald Trump is challenging the foundations of the global financial system and potentially laying the groundwork for a major monetary and economic restructuring.
Kokinda explains why she believes Treasury Secretary Scott Bessent and monetary policy advocate Judy Shelton could play pivotal roles in reshaping the international financial order, including the possibility of a new Bretton Woods-style system and a greater role for gold in backing U.S. debt.
TNT:
Tishwash: US Chargé d'Affaires: Iraq is charting a course towards opportunity and prosperity for its people
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The embassy stated in a press release that "the US Embassy in Baghdad hosted a reception in honor of the Chargé d'Affaires, Ambassador Steven Fagin, with the attendance of Iraqi officials and distinguished guests."
The Chargé d'Affaires expressed his "vision for strengthening and expanding the horizons of the US-Iraqi partnership," and thanked "all the guests for their contribution to solidifying the strong relations between the two countries."
Deputy Prime Minister: Dollar Exchange Rate In The Parallel Market Will Fall And Approach The Official Rate
Baghdad - INA - 11/01/2026 Deputy Prime Minister for Economic Affairs, Mohammed Tamim, confirmed on Sunday that the dollar exchange rate in the parallel market will decrease and move closer to the official rate. He also announced that a new shipment of $500 million is set to arrive tomorrow from the United States.