Category: Inflation
The analysis published under this category are as follows.
Monday, April 12, 2010
Bernanke the Great Inflator Says Welcome to Zimbabwe / Economics / Inflation
By: Douglas_French
If you follow economic affairs at all, you know who Ben Bernanke is. He's the chairman of the Federal Reserve. He was Time's 2009 "Man of the Year." CBS News said he may be the most important Fed chairman in history when Scott Pelley interviewed him for the highly watched 60 Minutes program.
Tuesday, April 06, 2010
Both Stock and Gold Markets Have Correctly Assessed the Keynesian Policies of Western Economies / Economics / Inflation
By: Ned_W_Schmidt
Did some of you feel safer this past weekend? Your wealth was certainly safer. For three days much of the Western world was closed for a religious holiday. Even Keynesians take the holiday. As the Keynesians were away from their government offices, their relentless attack on wealth was silent. As hard as they have been working to destroy wealth in the past year, a rest was probably needed.
Monday, March 29, 2010
Greenspan Signals warnings for Bubble-maniacs, the Break-out of Inflation Has Already Begun / Economics / Inflation
By: Gary_Dorsch
“I guess, I should warn you. If I turn out to be particularly clear, you’ve probably mis-understood what I’ve said,” former Federal Reserve chief Alan Greenspan was fond of saying, when he controlled the Fed’s money spigots. For many Fed watchers, it was a great relief when “Easy” Al finally retired from the Fed, since there is nothing more vexing - than correctly interpreting Green-speak.
Tuesday, March 23, 2010
UK CPI Inflation Falls to 3%, RPI Remains at 3.7% / Economics / Inflation
By: Nadeem_Walayat
UK CPI inflation fell back unexpectedly for academic economists to 3% from 3.5% the month before, the Bank of England's forecast for UK inflation by the end of 2010 is 1% not 3% which continues to illustrate the Bank of England is failing in its primary role of accurately targeting an inflation rate of 2%.
Thursday, March 18, 2010
U.S. Inflation, Yellen Slated for Promotion at the Dole of Doves / Economics / Inflation
By: Michael_Pento
President Obama has nominated Janet Yellen to replace Donald Kohn as the Vice-Chairman of the Federal Reserve. Ms. Yellen served as a former assistant professor at Harvard during Bernanke’s tenure as an undergraduate there and currently serves as the President of the Federal Reserve Bank of San Francisco.
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Tuesday, March 16, 2010
UK Petrol Prices to Hit Record High As Stealth Inflation Rages / Personal_Finance / Inflation
By: Nadeem_Walayat
UK Petrol prices are set to hit new record highs over the coming weeks despite Crude Oil at near half its mid 2008 peak of $150, Why ?
Sunday, March 14, 2010
Inflation Lessons Learned and Lessons Forgotten / Economics / Inflation
By: Jim_Richter
A Lesson From Keynes - John Maynard Keynes once said that,"By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens. There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million is able to diagnose."
Thursday, March 11, 2010
America’s Real Estate Burden Ensures Inflation / Economics / Inflation
By: Dr_Jeff_Lewis
The Obama administration and the US Congress have together made inflation the real monetary policy of the United States. While pundits and talking heads focus on the bailouts and loan packages, they're missing the bigger picture. It isn't what the US government outright purchased (stock, debt, and real estate paper), but it's what the US government is guaranteeing that will make all the difference.
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Sunday, March 07, 2010
The FED Won't Deflate or Even Seriously Disinflate / Economics / Inflation
By: Michael_S_Rozeff
The FED, in my opinion, is a price taker in the security markets. While its control over the interest rate in the inter-bank market for reserves (Federal Funds) may be very large in the short run, it cannot and does not control interest rates in other markets, such as Treasury bills. These rates and yields are linked to world markets that are too large for the FED to control.
Saturday, March 06, 2010
The Inflationist View of History / Economics / Inflation
By: MISES
A very popular doctrine maintains that progressive lowering of the monetary unit's purchasing power played a decisive role in historical evolution. It is asserted that mankind would not have reached its present state of well-being if the supply of money had not increased to a greater extent than the demand for money. The resulting fall in purchasing power, it is said, was a necessary condition of economic progress. The intensification of the division of labor and the continuous growth of capital accumulation, which have centupled the productivity of labor, could ensue only in a world of progressive price rises.
Friday, March 05, 2010
An Economic Storm is Brewing / Economics / Inflation
By: John_Townsend
When the tech bubble burst in 2000, Greenspan tried to “fix” the problem by cutting rates and printing money. Fix the problem he did … well sort of! What Greenspan did was create two new bubbles in the credit and real estate markets to replace the tech bubble that had burst. Millions of jobs were created in these two industries. Much needed jobs to replace the ones lost as the tech boom came to an end.
Wednesday, March 03, 2010
IMF Recommends Doubling Inflation Targets! / Economics / Inflation
By: Claus_Vogt
I grew up in Germany, a country that went through hyperinflation twice during the 20th Century. Maybe that’s the reason I learned inflation is bad and inflationary policies are diabolic.
Inflationary periods are highly unjust. They undermine the ethics of hard work and thrift. They destroy solidarity, lead to widespread hardship and often to social unrest.
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Tuesday, February 23, 2010
Inflation Hiding In Plain Sight, The Key To Profits / Economics / Inflation
By: Bob_Clark
As an Account Manager and Trading Instructor, there is a theme I see that keeps recurring. I hear this from my clients and students over and over, "things are so bad how can I be safe buying". I hear "we are going to have hyper inflation" or "it is all going to collapse into a deflationary abyss. In other words, they lose their bearings in a sea of information. My answer is always the same, we must trust our algorithmic models. Markets will fluctuate, what you read or listen to is illusion. When one group has all the money, the rules of the game have changed. Read full article... Read full article...
Saturday, February 20, 2010
Goodbye Reflation We hardly Knew Ya; Core CPI Drops First Time Since 1982 / Economics / Inflation
By: Mike_Shedlock
Yesterday, inflationists were out in full force after the Producer Price Index (PPI) release.
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Thursday, February 18, 2010
Keynesian Economics, A Halfwit’s Guide to Monetary Inflation / Economics / Inflation
By: LewRockwell
Richard Daughty writes: Information Clearing House Newsletter had the quote, “Believe those who are seeking the truth; doubt those who find it” by Andre Gide, which is generally true about most things, except in the case of economics, because the only true economic theory has already been found, and it is the Austrian school of economics, also known as the Austrian Business Cycle Theory (ABCT), and I have nothing but contempt for anyone who says differently, especially since it can be found every day, for free, at mises.org, and so to believe anything else is just a matter of stupidity and/or willful ignorance.
Wednesday, February 17, 2010
Krugman Says Inflation Is The Answer / Economics / Inflation
By: Mike_Shedlock
Inquiring minds are considering The Case For Higher Inflation by Paul Krugman.
Tuesday, February 16, 2010
UK Inflation Smashes Through 3%, Hits 3.5%, Bank of England Says Don't Panic! / Economics / Inflation
By: Nadeem_Walayat
The inflation mega-trend continues to forcefully manifest itself in the continuing surge higher of UK Inflation as measured by the Consumer Price Index (CPI) which soared from 2.9% to 3.5% for January data. Inflation has virtually doubled in a little over 2 months rising from 1.9% for November data to now stand at 3.5%, the surge in inflation has caught the whole mainstream media and academic economists by surprise that barely 2 months ago were still contemplating deflation. The RPI continued its spike higher rising to 3.7% from 2.4% the month before, and the real UK inflation rate as measured by the Market Oracle rose from 2.7% to now stand at 4.3%.
Wednesday, February 03, 2010
Will the Inflationary Hurricane Blow Your Savings Away? / Economics / Inflation
By: Gary_North
Allan Meltzer wrote a very good essay for the Wall Street Journal on January 27. It dealt with the build-up in the Federal Reserve System's monetary base as a result of its purchases of government debt, especially Fannie Mae and Freddie Mac debt, in the fall of 2008. Its title and subhead tell the story:
Thursday, January 21, 2010
Deflationists Always Wrong, High Inflation Ahead / Economics / Inflation
By: Gary_North
Over the past month, I have written seven lengthy articles on the totally erroneous theory that consumer price deflation is inevitable, no matter what the U.S. government and the Federal Reserve System do. You can read them here.
I would like to believe that this will end the debate. It won't.
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Tuesday, January 19, 2010
U.S. CPI Inflation Forecast 2010 Targets a Break Above 3% / Economics / Inflation
By: Nadeem_Walayat
Whilst the United States has experienced real year on year price deflation during 2009 as illustrated by the comparative CPI indices below, however key elements of the in-depth analysis for UK CPI inflation of 27th December 09 can also be applied to U.S. inflation expectations that converge towards 2010 being a year of inflation for both countries with UK inflation to breaking above 3% early 2009 and staying above 3% for most of the year which was confirmed by today's UK Inflation data that showed CPI soar by 1% in one month to rise from 1.9% to 2.9% as the below graph illustrates.