World Perspectives

A Different Kind of Inflation in 2021

The U.S. has not used the gold standard since 1933, when the Emergency Banking Act forced Americans to give up gold and convert their holdings to dollars. Since then, there have been “gold bugs” advocating for a return to the gold standard. Their argument? A gold standard prevents governments from issuing too much money. In the last 89 years since the official gold standard was jettisoned, gold nonetheless remained a hedge for, and typically benefitted from, inflation – but 2021 was a different kind of inflation. Precious metals, including gold actually decreased in 2021.  Inflation in 2021 was driven by a number of factors, though more money through accommodative monetary policy and government payments were certai...

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From WPI Consulting

Infrastructure investment due diligence

On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.

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