There are a few pretty good signs that inflation is becoming a concern. You’ll ordinarily see commodity prices go up, bond values drop, or lackluster profit margins. But when Buddhist monks start stockpiling stocks, Japanese REITs, and U.S. Treasuries, you know things are getting bad.
Japan’s Buddhist temples are traditionally places that you’d go if you wanted to escape the material world. But the costs of maintaining these centuries-old buildings are spiraling, and donations are drying up. The unlikely solution? Invest those donations and make the money work harder.
