Category: Inflation
The analysis published under this category are as follows.
Friday, January 28, 2011
Inflation to Help the Less Fortunate? / Politics / Inflation
By: Richard_Daughty
I almost didn't read the essay by Gary Gibson, the managing editor of the Whiskey & Gunpowder newsletter, because he was talking about Paul Krugman, whom Mr. Gibson refers to as "cheerleader of the state," and for whom I have a much, much lower opinion, probably because of my envy of his career success despite being, as far as I can tell, a complete failure in predicting the bursting messes we are in, or ever warning against them as they were building, when it was obvious to the Austrian economists all along.
Friday, January 28, 2011
Stocks and and Price of Butter / Politics / Inflation
By: Fred_Sheehan
"We are poised for progress. Two years after the worst recession most of us have ever known, the stock market has come roaring back. Corporate profits are up. The economy is growing again." ~ President Barack Obama, State of the Union speech, January 25, 2011
Maybe President Obama was at a loss to validate the rousing economy in his State of the Union address. Whatever the reason, this was a strange appeal to the American people. An even stranger validation of Wall Street's prowess was expressed last week by Federal Reserve Chairman Ben S. Bernanke.
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Wednesday, January 26, 2011
New World Order: Food Price Inflation; House Price Deflation / Economics / Inflation
By: Richard_Daughty
You can tell by my bleary, bloodshot eyes, my rumpled appearance, my musky aromas and my overtly hostile attitude that I have been holed up in the Mogambo Armageddon Bunker (MAB), scared out of my mind about the inflation in prices that is surely going to consume us, thanks to the unholy Federal Reserve creating so incredibly much, so stupendously much, so astoundingly much, So Freaking Much Money (SFMM).
Wednesday, January 26, 2011
Obama Fails to Address Inflation in State of the Union / Politics / Inflation
By: Submissions
President Obama's State of the Union address last night did not make one single mention of inflation, when it is the belief of NIA that massive price inflation (especially food inflation) will become America's top crisis by the end of this calendar year. Obama's speech also failed to mention the Federal Reserve, the Federal Funds Rate being held near 0% for over two years, and the Fed's latest round of $600 billion in quantitative easing. Unless Obama addresses our nation's fiat currency system, nothing else he says has any meaning at all.Read full article... Read full article...
Wednesday, January 26, 2011
Hidden Inflation Food Prices Flying Under the Fed's Radar / Economics / Inflation
By: Money_Morning
Jason Simpkins writes:
Soaring food prices have been, perhaps, the most pressing global issue of the past two years – yet the U.S. Federal Reserve has taken a "hear no evil, see no evil, speak no evil" approach to the global crisis.
Instead, the Fed has dutifully maintained its focus on so called "core inflation" in the United States – even as Americans suffer the consequences of the "hidden inflation" the government refuses to account for.
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Monday, January 24, 2011
UK Inflation Forecast 2011, Imminent Spike to Above CPI 4%, RPI 6% / Economics / Inflation
By: NewsLetter
The Market Oracle NewsletterJan 17th, 2011 Issue #1 Vol. 5
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Sunday, January 23, 2011
China vs. Inflation: A Love-30 Match So Far / Economics / Inflation
By: Dian_L_Chu
China released a slew of important economic data on the evening of Wednesday, Jan. 19, and markets were paying particular attention to China’s inflation. In order to put out the wild fire of inflation, China's central bank raised interest rates twice, and increased the reserve ratio for lenders four times in the span of just last two months.
Thursday, January 20, 2011
China's Inflation Problem Looms Large / Economics / Inflation
By: Peter_Schiff
The global economy has become so unbalanced that even government ministers who would normally have trouble explaining supply or demand clearly recognize that something has to give. To a very large extent the distortions are caused by China's long-standing policy of pegging its currency, the yuan, to the U.S. dollar. But as China's economy gains strength, and the American economy weakens, the cost and difficulty of maintaining the peg become ever greater, and eventually outweigh the benefits that the policy supposedly delivers to China. In the first few weeks of 2011 fresh evidence has arisen that shows just how difficult it has become for Beijing.
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Wednesday, January 19, 2011
Protect Your Wealth from Central Bank Lies on Inflation / Economics / Inflation
By: Claus_Vogt
If you believe what central banks say and you plan your investments accordingly, you could be in for some big surprises.
Consider, for example, some of the lies spouting forth from the U.S. Fed and the European Central Bank (ECB) …
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Wednesday, January 19, 2011
UK Inflation CPI Hits 3.7%, Higher than Zimbabwe, Britain Sleep Walking towards Wage Price Spiral / Economics / Inflation
By: Nadeem_Walayat
UK Inflation for December 2010 soared to CPI 3.7% from 3.3% which is set against academic economist expectations of just a few hours earlier of 3.3%. This now puts UK inflation Higher than that of hyperinflation prone Zimbabwe's CPI at 3.2%, thus making a mockery of long standing commentary in the press that it was ridiculous to compare Britain's inflation problems with that of Zimbabwe.
Tuesday, January 18, 2011
The Many Euphemisms for Money Creation Inflation, Confused Language, Confused Thinking / Economics / Inflation
By: Thorsten_Polleit
According to the teachings of the Greek philosopher Parmenides, language illustrates human thinking (and reasoning); confused language is thus tantamount to confused thinking; confused thinking, in turn, provokes unintended acts and undesired outcomes.[1]
"Doublespeak" — a term that rose to prominence through the work of Eric Blair (1903–1950), more famously known as George Orwell — is a conspicuous form of confused language and thought. The term doublespeak was actually derived from the terms "newspeak" and "doublethink," which Orwell used in his novel Nineteen Eighty-Four, published in 1949.[2] While under suppressive Party instruction, the mind of the protagonist, Winston Smith
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Tuesday, January 18, 2011
Further Misery for Savers as Inflation Hits CPI 3.7% / Personal_Finance / Inflation
By: MoneyFacts
Inflation figures released today show the Consumer Price Index increased by 0.4% to 3.7% during December.
To beat inflation, a basic rate tax payer at 20% needs to find a savings account paying 4.63% pa, while a higher rate tax payer at 40% needs to find an account paying at least 6.17%.
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Monday, January 17, 2011
UK Inflation Forecast 2011, Imminent Spike to Above CPI 4%, RPI 6% / Economics / Inflation
By: Nadeem_Walayat
The last UK inflation data came in at CPI 3.3% and RPI 4.7% for November 2010, with real inflation at just above 6%, this is set against a continuous mantra in the mainstream press by pseudo economists / journalists that high inflation of above 3% was always just temporary and that it would resolve in a sub 2% rate by the end of the year (2010). Now a year on the same people that had misguided their readerships for virtually the whole of 2010 into avoiding inflation protection strategies that the coalition government has proceeded to strip away during 2010 such as scrapping of the RPI linked Index Linked National Savings certificates in June 2010, and are only now warning their readership's of the consequences of persistently high inflation that looks set to continue during 2011.
Friday, January 14, 2011
Wholesale Price Index Lifted by Higher Energy, Food and Cigarette Prices / Economics / Inflation
By: Asha_Bangalore
The Producer Price Index (PPI) for Finished Goods rose 1.1% in December after a 0.8% increase in the prior month. According to the Labor Department, about 75% of the increase in finished goods price index was from the 3.7% jump of the energy price index. Of the energy items in this index, gasoline prices posted the largest increase. Higher food prices (+0.8%) also made a contribution to the overall wholesale price index, a large part of this increase (75%) is traced to the 22.8% jump in prices of fresh and dry vegetables. In 2010, the wholesale price index has risen 4.0% after a 4.3% jump in 2009 and a nearly 1.0% drop in 2008.
Friday, January 14, 2011
Economic Ruination from Money Creation to Price Inflation / Economics / Inflation
By: Richard_Daughty
John Rubino at Dollar Collapse.com obviously thinks, like I do, that inflation is a Terrible, Terrible Thing (TTT).
To prove it, and to simultaneously prove to my wife, kids, relatives, co-workers and neighbors that I am not the "weirdest man who ever lived" as concerns inflation, I call him up on the phone!
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Thursday, January 13, 2011
U.S. Inflation Set to Soar as the Country's Chief Export Boomerangs Back Home / Economics / Inflation
By: Money_Morning
Martin Hutchinson writes:
While prices for food and energy have been rising, inflation in the United States has remained relatively subdued.
One common explanation for that phenomenon is that U.S. inflation has been "exported" to China and elsewhere through the U.S. Federal Reserve's monetary policy. And given the perennial U.S. balance of payments deficit, it's good to know the country has found something it can successfully export!
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Thursday, January 13, 2011
Rising Consumer Inflation: The New World Order By Commodity / Economics / Inflation
By: Dian_L_Chu
Ever since the Great Recession, inflation has been put on the back burner, and deflation is seen as the greatest risk to the U.S. economy. Even as recent as Friday, Jan 7, Federal Reserve Chairman Bernanke told the Senate Budget Committee that low inflation/deflation was a concern, as well as unemployment (more on the jobs situation here.)
Wednesday, January 05, 2011
Price Inflation to Pay the Debt / Economics / Inflation
By: Richard_Daughty
The lights of the Mogambo Security System (MSS) glowed dimly in the gloom of the bunker as I cowered in the darkness, and there were no sounds except the thumping, thumping, thumping of my terrified heart at The World Outside (TWO), a place I consider to be a vicious, hostile environment containing not only enemies of every sort, both real and imagined, but family members who want to know if I am coming out for dinner, or to tell me that someone is on the phone for me, or that somebody is going to greedily eat the last of my treasured Double-Stuf Oreos, somehow trying to get me outside and into their clutches so that they can take all my money and ask me to sign various forms and documents.
Monday, January 03, 2011
United States Postal Service Announces Forever Stamps / Personal_Finance / Inflation
By: Peter_Schiff
The United States Postal Service announced this week that all future first class postage stamps sold will be the so-called "forever stamps" that have no face value but are guaranteed to cover the cost of mailing a first class letter, regardless of how high that cost may rise in the future. Currently these stamps are sold for 44 cents, but will increase in price if and when the Post Office hikes rates.
Wednesday, December 29, 2010
Is Inflation Directly Tied to the Money Supply? / Economics / Inflation
By: Justice_Litle
Some argue that increased money supply (freshly printed dollars) automatically translates to inflation. This is not exactly true, and it’s important to understand why.
How do you define inflation? In some ways it's a slippery thing, like trying to nail Jell-O to a tree. One common definition amounts to "a general and sustained rise in the price of goods and services." Another is "a persistent decline in the purchasing power of money."
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