Category: Inflation
The analysis published under this category are as follows.
Tuesday, September 14, 2010
UK CPI Inflation Stuck at 3.1% Against Bank of England's Forecast for 1.6% / Economics / Inflation
By: Nadeem_Walayat
UK inflation for August 2010 was unchanged at CPI 3.1%, remaining stubbornly above the Bank of England's upper limit of 3% and target of 2%, despite virtually 9 months of mantra from the Governor, Mervyn King that high inflation was ALWAYS just temporary and imminently expected to fall to below the 2% target. The more recognised RPI (real inflation) measure dipped marginally from 4.8% to 4.7% and which compares against average pay rises of 2% which illustrates the squeeze that ordinary people are experiencing especially as taxes rise and state services are cut. The academic economists that populate the mainstream press were again caught off guard as expectations were for CPI to fall to 2.8%, just as they have been caught off guard by high inflation EVERY month for the whole of 2010.
Sunday, September 12, 2010
Inflation in China Escalates - Miracle Expansion or Bubble to Burst? / Economics / Inflation
By: Mike_Shedlock
The New York Times reports Inflation in China Is Rising at a Fast Pace
Wednesday, September 01, 2010
Quantitative Easing, Money Velocity Inflationary Armageddon / Economics / Inflation
By: DeepCaster_LLC
“The crucial passage comes in Chapter 17 entitled "Velocity". Each big inflation -- whether the early 1920s in Germany, or the Korean and Vietnam wars in the US -- starts with a passive expansion of the quantity of money. This sits inert for a surprisingly long time. Asset prices may go up, but latent price inflation is disguised. The effect is much like lighter fuel on a camp fire before the match is struck.
Wednesday, September 01, 2010
Inflation, Rounding Up the Culprits of Rising Prices / Economics / Inflation
By: Richard_Daughty
From Bloomberg.com we get the bad news that "Bank of England Governor Mervyn King said inflation is likely to exceed the UK government's upper 3% limit in coming months as higher sales taxes drive gains in consumer prices," which "rose 3.1% in July from a year earlier after climbing 3.2% in June."
Sunday, August 29, 2010
Deflation Delusion Continues as Economies Trend Towards High Inflation / News_Letter / Inflation
By: NewsLetter
The Market Oracle NewsletterAugust 26th, 2010 Issue #49 Vol. 4
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Thursday, August 26, 2010
Deflation Delusion Continues as Economies Trend Towards High Inflation / Economics / Inflation
By: Nadeem_Walayat
Delusional deflationists right from the Bank of England MPC, through to the mainstream press for well over a year have pushed the mantra of ongoing debt deleveraging deflation everywhere, everywhere that is than appears in where it counts i.e. the actual INFLATION indices, where inflation is on the rise right across the world as illustrated in the UK by the persistent failure of the Bank of England to control UK inflation that remains above the banks CPI 3% upper limit. Even Greece that really is in an depression is experiencing inflation at above 3%, whilst the US CPI continues to inflate at a more modest 1.2% as summarised below for key world economies.
Wednesday, August 25, 2010
Inflation Follows the Economic Stimulus Boom / Economics / Inflation
By: Richard_Daughty
Peter Schiff of Euro Pacific Capital notes that the Federal Reserve, and the idiots like Paul Krugman who genuflect at the altar of Keynes, is not done with destroying the economy, but that “Bernanke and his supporters have said that their stimulus will be withdrawn as soon as the recovery takes hold in earnest.” Hahaha!
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Thursday, August 19, 2010
Tea, Tramadol and Today's Great Depression / Economics / Inflation
By: Adrian_Ash
"Even at home there is generally a cup of tea going – a 'nice cup of tea' – and Father, who has been out of work since 1929, is temporarily happy because he has a sure tip for the Cesarewitch..."
- George Orwell, The Road to Wigan Pier (London, 1936)
Tuesday, August 17, 2010
UK Inflation CPI 3.1%, RPI 4.8% for July, Bank of England Forecast Was for CPI 1.7% / Economics / Inflation
By: Nadeem_Walayat
UK inflation for July 2010 dipped marginally from CPI 3.2% to 3.1%, remaining stubbornly above the Bank of England's upper limit of 3% and target of 2%, despite virtually 8 months of mantra from the Governor, Mervyn King that high inflation was just temporary and imminently expected to fall to below the 2% target. The more recognised RPI measure fell from 5% to 4.8% and which compares against average pay rises of 2% which illustrates the squeeze that ordinary people are on especially as taxes rise and state services are cut. The BoE governor wrote yet another full of excuses letter to the Chancellor, George Osbourne as to why the Bank of England is failing in its primary objective of controlling inflation.
Friday, August 13, 2010
The Real Reason for Bank of England's Worthless CPI Inflation Forecasts / Economics / Inflation
By: Nadeem_Walayat
The Bank of England released their latest quarterly inflation report this week that again sought to revise the forecast for UK inflation to converge towards 2% in 2 years time. However one major change accompanying the forecast was that the mantra of UK inflation being above the 2% target and the 3% upper limit as only temporary has now been dropped, this after repeatedly claiming month in month out for the past 7 months that Inflation would magically fall that the academic economists and mainstream press had swallowed up until quite recently.
Thursday, July 29, 2010
Price Stability Not a Fed Priority / Economics / Inflation
By: Richard_Daughty
I knew the instant that I read the article’s title, “Fed Nominees Seek Economic Boost” in The Wall Street Journal, that I was probably going to be outraged and end up screaming a fearful and angry Mogambo Howl Of Anger (MHOA).
It was, alas, a feeling of doom that soon gave way to stark fear when I saw that the accompanying photo was captioned “Fed nominees – Janet Yellen, Peter Diamond and Sarah Bloom Raskin – at a Senate hearing Thursday.”
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Monday, July 26, 2010
Inflation, The Coming Rice in Prices / Economics / Inflation
By: Howard_Katz
Last week I argued that the theory of a coming decline in prices just around the corner was a balloon full of hot air, and like all such balloons it was bound to sail into the atmosphere. So far from this “deflation” theory being true, it is a deliberate falsehood and in fact is a very good indicator that the exact opposite will happen.
Saturday, July 17, 2010
ShadowStats U.S. CPI Inflation Running at 4.3%, Gold $2,382, Silver $139 / Economics / Inflation
By: Jesse
ShadowStats U.S. CPI Inflation Running at 4.3%, Gold $2,382, Silver $139
Something Weimar this way comes?
There is almost no doubt in my mind that we will see these prices for gold and silver. I am just not sure exactly how we will get there, and when. But I expect the unexpected, or at least that which is not expected by the many.
Friday, July 16, 2010
U.S. CPI Negative 3rd Consecutive Month, Consumers Have a Selective Memory / Economics / Inflation
By: Mike_Shedlock
As expected, as least as I expected, the Consumer Price Index for June shows the seasonally adjusted CPI was Negative 3rd Consecutive Month.
Wednesday, July 14, 2010
Money Disillusion, 8 Ugly Facts About U.K. Inflation / Economics / Inflation
By: Adrian_Ash
Behold the sad case of the poor British worker and saver...
PEOPLE BUY GOLD when they fear inflation ahead. But they also buy gold when inflation arrives and starts eating into their savings – which is just what it's done during the last decade.
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Tuesday, July 13, 2010
Inflation, The Runaway Train / Economics / Inflation
By: Kieran_Osborne
Inflationary risks have seemingly fallen out of the mindset of many investors recently, with the European debt crisis causing many to reevaluate their outlook for global economic growth in concert with record low headline CPI numbers being released. Despite this, gold, traditionally a hedge against inflation, continues to move up in price. Is this dynamic inconsistent? We don’t think so. Of course, some of gold’s price movement may reflect its safety aspect, given renewed concerns over the long-term health of the economy, but in our opinion, inflationary concerns are very much valid and should be front and center of any investment strategy going forward.
Tuesday, July 13, 2010
UK Inflation Falls to CPI 3.2%, Precisely inline with 2010 Forecast / Economics / Inflation
By: Nadeem_Walayat
UK inflation for June 2010 registered a small drop from 3.4% to 3.2%, though remaining stubbornly above the Bank of England's upper limit of 3%, thus the BoE Governor, Mervyn King will write yet another letter to repeat that the high rate of inflation is just "temporary", though when does "temporary" high inflation stop being temporary? 6 months? a year? 2 years? as the country sleep walks into stagflation with all of the consequences for wage earners and savers.
Tuesday, July 06, 2010
Inflation Isn’t Dead, Just Sleeping, Protect Your Wealth With TIPS / Interest-Rates / Inflation
By: Money_Morning
Larry D. Spears writes: Investors are always on the lookout for hot tips. The best tips highlight investments that pack a big potential profit punch, but that haven't yet started their move.
That's just what we have for you here.
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Wednesday, June 30, 2010
Fed Credit, Inflation and the Idiots in the Middle / Economics / Inflation
By: Richard_Daughty
A whole series of alarms occurred after I got the news, although I lost the source, that "food stamp usage just soared to a new record high" of 40.2 million persons.
This number is alarming in itself because it means that the economy is so bad that more and more hungry people cannot afford to even feed themselves, sort of like teenagers, but with hopefully better manners and dietary choices.
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Sunday, June 20, 2010
The Inflation Mega-Trend Continues With UK CPI 3.4%, RPI 5.1% / News_Letter / Inflation
By: NewsLetter
The Market Oracle NewsletterJune 16th, 2010 Issue #36 Vol. 4
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