Category: Inflation
The analysis published under this category are as follows.
Thursday, January 26, 2017
Inflation: Here's What the Wrong-Way Bet Looks Like / Economics / Inflation
By: EWI
Inflation: Here's What the Wrong-Way Bet Looks Like
Chart of the Day
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Thursday, December 29, 2016
Will Trump Bring Inflation to America’s Shores? / Economics / Inflation
By: MoneyMetals
By Stefan Gleason: Something is brewing in the economy. Since the election of Donald Trump, interest rates have spiked, copper prices have surged, and various sectors of the stock market have swung “bigly” on speculation of what “Trumponomics” will bring.
Scores of triumphant Republican commentators are already painting a bullish picture of the Trump economy. The GOP – which will control the White House, Congress, and most state governments – has a rare opportunity to implement a pro-growth agenda.
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Saturday, October 22, 2016
Inflation About To Explode Higher / Economics / Inflation
By: James_Quinn
“Those who are capable of tyranny are capable of perjury to sustain it.” ― Lysander Spooner
We all know the BLS artificially suppresses the CPI through bullshit substitution adjustments, quality adjustments, and various other incomprehensible hedonic adjustments made by government apparatchiks at the behest of their politician bosses. Some obscure theoretical academic calculation called owners equivalent rent accounts for almost a quarter of the CPI weighting.
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Monday, October 17, 2016
Bank of England Blames Brexit for Sterling Drop Inflation, Masks QE Money Printing Cause / Economics / Inflation
By: Nadeem_Walayat
The Bank of England's master monetary magician Mark Carney appeared on stage this week presenting his latest magic trick one of blaming the 16% drop in sterling on Brexit on all those who voted for it, and then warning of the inevitable future inflation consequences as the price of imports look to soar. After all the establishment elite remain determined to subvert the will of the British people be they bankers or 80% of the members of the establishment MP's that illustrates that democracy is to to all intents and purposes an illusion.
Friday, September 23, 2016
Hedonics, Food, and Pluralistic Ignorance / Economics / Inflation
By: Dr_Jeff_Lewis
Inflation is alive and well – despite what we hear from the mainstream. Due to pluralistic ignorance, it persists much longer than anyone would have ever predicted.
From Wikipedia:
Pluralistic ignorance
“In social psychology, pluralistic ignorance is a situation in which a majority of group members privately reject a norm, but incorrectly assume that most others accept it, and therefore go along with it.[1] This is also described as ‘no one believes, but everyone thinks that everyone believes’.”
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Tuesday, September 20, 2016
BrExit UK Inflation CPI, RPI Forecast 2016, 2017 / Economics / Inflation
By: Nadeem_Walayat
Going into the EU referendum the vested interest academic economists from the Bank of England down were repeatedly issuing dire warnings of a plunge in sterling that would send inflation soaring that would trigger a series of interest rate hikes all whilst the economy collapsed. The prices in the shops as measured by official UK CPI Inflation was hugging near 0% at a rate of just 0.3% for May 2016 data, meanwhile RPI which is the closest official measure to real inflation was already above 1% at 1.4%, which are set against the demand adjusted Real UK inflation rate of 1.8%. So official UK price Inflation was already well above 1% and trending towards 2% before BrExit.
Thursday, September 08, 2016
Failure of Inflation Targeting?! / Economics / Inflation
By: Axel_Merk
It ain't working. Eight years after the outbreak of the financial crisis, central bank chiefs suggest they have saved the world, but have they? We argue central banks have become part of the problem, not the solution. At its core, their indoctrinated focus on inflation may well do more harm than good, with potentially perilous implications for investors.
Tuesday, August 30, 2016
7 Things to Remember When Inflation Returns / Economics / Inflation
By: John_Mauldin
The problem for much of the global economy since the Financial Crisis of 2008 has been a lack of inflation. The banking system seized up, and loans were hard to come by for a couple of years. This shock hurt economic growth and knocked inflation down to near zero. Many major economies were hit with outright deflation.
In response, global central banks—including the US Federal Reserve—began a massive series of stimulus programs. The goal was to help their national economies get back on track. But, the results have been mixed. The US economy is one of the few to show signs of life over the last year or so.
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Monday, August 15, 2016
Job Seekers Sacrificed to the Inflation Gods / Economics / Inflation
By: Michael_Pento
Our Federal Reserve is composed of labor market economists who place their faith in the theory that inflation is spawned from too many people working. They believe there is a trade-off between employment and prices, where price stability and full employment cannot exist peacefully together the same time.
Given this view, the Fed’s maximum employment and stable inflation mandates are played as a zero-sum game--the lower the unemployment rate the higher the rate of inflation. Therefore, they set about to fulfill this task of low inflation as though it were a sort of Ancient Mayan sacrificial system: ceremonially counting how many job seekers need to be sacrificed on the altar of labor slack to placate the inflation gods.
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Sunday, July 03, 2016
UK BrExit Inflation Forecasts Spike CPI to 3%, RPI 4% / Economics / Inflation
By: Nadeem_Walayat
Whilst official UK CPI Inflation continues to hug near 0% at a rate of just 0.3% for May 2016, meanwhile RPI which is the closest official measure to real inflation has continued to nudge higher to 1.4%, which are set against the demand adjusted Real UK inflation rate of 1.8%. So deflation? Not really, real UK price Inflation is actually well above 1% and was already trending towards 2% before BrExit.
Saturday, May 14, 2016
The Fed Is Finally Coming Clean About Inflation / Interest-Rates / Inflation
By: Graham_Summers
For years the Fed has been lying about inflation.
There are many methods of doing this, but the simplest was to use a “measure” of inflation that did not actually measure inflation at all.
This is the famous Consumer Price Index of CPI. It is meant to measure inflation, but ignores obvious costs of living items like food and energy usage.
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Monday, April 18, 2016
The Fed Rapidly Losing Control, Creating an Inflationary Storm / Commodities / Inflation
By: Graham_Summers
The Fed is rapidly losing control.
Core inflation has already broken above 2% despite a complete collapse in commodity prices (the cost of living for many household items).
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Saturday, April 02, 2016
Cost Push Inflation is Another Keynesian Concept the Federal Reserve Believes In - They're Wrong / Economics / Inflation
By: Gordon_T_Long
FRA Co-founder Gordon T. Long is joined by Christopher P. Casey in discussing the decrease in oil price and its potential effect on the global economy.
Mr. Casey is the Managing Director of WindRock Wealth Management, a registered investment advisor and wealth management firm that subscribes to the Austrian school of economics. Mr. Casey is a frequent speaker before a number of organizations and conferences, including USA Watchdog, GoldMoney, Freedom Fest, and various bar associations and radio shows, including weekly financial and economic commentary on The Edge of Liberty (WNJC 1360, Philadelphia). His writings have appeared in a variety of publications and websites including The Ludwig von Mises Institute, Zero Hedge, Family Business, Casey Research, and Laissez Faire Books. He is a board member of the Economics Development Council with the University of Illinois, a Policy Advisor for The Heartland Institute's Center on Finance, Insurance, and Real Estate, and a Chartered Financial Analyst charterholder (CFA®)
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Thursday, March 31, 2016
Inflation is Here and the Fed Wants More / Economics / Inflation
By: Graham_Summers
The Fed failed to hike interest rates in March despite the “data” hitting levels at which the Fed said it would hike. Indeed, the Fed even lowered its expected number of rate hikes for this year from four to two!
This confirms for us that the Fed does indeed want inflation.
In the last few weeks, several Fed officials, most notably Fed Vice-Chair Stanley Fischer stated not only that inflation was appearing in the US but that this is something the Fed “would like to happen.”
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Wednesday, March 30, 2016
Inflation Has Hit the US and is Only Going to Get Worse / Economics / Inflation
By: Graham_Summers
The Fed is rapidly losing control.
Core inflation has already broken above 2%.
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Wednesday, March 23, 2016
Fed's Bullard: We Are Overshooting on Inflation / Economics / Inflation
By: Bloomberg
Federal Reserve Bank of St. Louis President James Bullard spoke with Michael McKee and Tom Keene on Bloomberg TV and Bloomberg Radio this morning. He discussed Fed policy, the U.S. economy global inflation, and moving toward a more normal nominal interest rate structure.
Bullard said policy makers should consider raising interest rates at their next meeting: "You get another strong jobs report, it looks like labor markets are improving, you could probably make a case for moving in April."
Tuesday, March 15, 2016
The Fed Just Confirmed Inflation is Here / Economics / Inflation
By: Graham_Summers
As we warned last week, the inflation genie is out of the bottle…
We now have confirmation that the Fed is aware of this…
Two key Federal Reserve officials said Monday they expect inflation to get closer to the central bank’s target…
Their comments came after data late last month that showed core inflation rose 1.7 percent in the 12 months ended in January.
Source: CNBC
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Monday, March 14, 2016
U.S. Inflation Comeback: Did Inflation Ever Go Away? / Economics / Inflation
By: Mike_Shedlock
This is a guest post by Joseph Y. Calhoun at Alhambra Investment Partners. His post starts off with this quote by Stanley Fischer, Fed Vice-Chair in a speech before the National Association for Business Economics.
Says Fischer "We may well at present be seeing the first stirrings of an increase in the inflation rate -- something that we would like to happen."
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Thursday, February 25, 2016
Central Bank Inflation Targets: Be Careful What You Wish For / Economics / Inflation
By: Michael_Pento
Did you ever ask yourself what this central bank obsession with inflation is really all about? After all, it is highly ironic that these erstwhile stewards of price stability have now perversely morphed into the frantic pursuit of currency destruction. This is because the current doctrine adopted by global central bankers is that growth comes from inflation; and without inflation there can be no growth. Therefore, as their new dogma dictates, inflation must be achieved at any cost.
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Monday, February 22, 2016
U.S. Inflation: Prepare for 4% or more! / Economics / Inflation
By: Ned_W_Schmidt
Last we visited on the subject of U.S. inflation (November, 2015) we wrote,
"Using those simplistic numbers suggests that U.S. inflation as measured by the [headline] CPI could rise to an annual rate of about 4% ..."
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