Inflation? What Inflation?
A tale of two headlines: Inflation Fears Hit Eurozone and Goldman Sees Funds Rate Cut to 3%...
Thanksgiving Inflation: 11%
"A Thanksgiving Day turkey dinner with side dishes and dessert will be 11% more expensive this year, the biggest annual increase...
FOMC Minutes
The new improved FOMC Minutes are out here (and in PDF version) This is the most notable paragraph in my read: "Participants...
More “Tame” Inflation
> Won’t someone please fire these lazy headline writers? Its amazing to read these headers on inflation, which are then belied...
Producer Prices: Tame, or Not?
0.1% PPI ? Not according to the BLS year over year data: "From October 2006 to October 2007, finished goods prices advanced...
Rising Crude Oil Pushes Consumer Prices Higher
I’m not sure what to make of the Core-heads — that motley collection of blinker-eyed ostriches who either claim there is not...
It’s the Food Inflation, Stupid!
The weak dollar has fueled U.S. exporters, almost without regard to sector. GM is selling plenty of automobiles overseas, edging out...
Quote of the Day: That’s Not a Central Bank . . .
The US Federal Reserve is the only central bank in the world that makes policy based on core inflation. I find this beyond irresponsible...
Crude Oil = $98; Gold = $845
The Fed recklessly abandons their price stability mandate, and this is what it has wrought: Dollar at record lows, oil and gold near all...
Quote of the Day: The Xera
Rhymes with Lira, sounds like zero! Via Bill Fleckenstein, comes this new name for the dollar — the Xera! Introducing the...