A Rumble In The Jungle -- Or Why Greece Should Delay

Have you noticed that Inflation Protected securities (TIPS) have been on the rise all year?  Always good to have a bit of this in your portfolio when Central Banks around the world are printing money.  Here is two charts from today-- first is a TIPS ETF and the second is a TIPS Fund:

So while Central Banks print money and lower interest rates while governments understate Consumer Price and Producer Price Indices, it appears to me the self correcting marketplace is seeing something different. 

This is not cost-push inflation but rather a systematic reduction in the value of all money caused by monetary policy.

The good news is that all money is debt.  Therefore... if this reflects a devaluing of currency then that means our debt is reducing by the same rate.    Therefore... Greece should not accept any austerity since their debt load is falling by the day.  Click Here.