Inflation was Up Slightly in January 2014
Current Inflation Commentary- The U.S. Bureau of Labor Statistics has released the Annual Inflation rate today. For the year ending in January, inflation was 1.58% up very slightly from 1.50% for the...
View ArticleU.K. Historical Price Converter Added
This month as a service for our friends in the U.K. we have added a U.K. Historical Price Converter. This handy little calculator will tell you the equivalent value of any prices from 1751 to the...
View ArticleWhat is the Misery Index?
The misery index was created by economists in an effort to quantify how bad the economy is based on cold hard numbers. In many ways, it can be argued that suffering is not quantifiable, after all how...
View ArticleAnnual Inflation Down in February
Current Inflation Commentary- The U.S. Bureau of Labor Statistics has released the Annual Inflation rate today. For the year ending in February, inflation was 1.13% down roughly 1/3rd from 1.58% for...
View ArticleIs the Federal Reserve Right About Inflation?
The Federal Reserve no longer uses the Consumer Price index to calculate its monetary policy adjustments and instead use the Median CPI. So instead of calculating a weighted average of all of the...
View ArticleWhy the Fed Does Not Control Inflation and Deflation
Although we may not always agree with Steve Hochberg’s conclusions the following video contains some very thought provoking ideas accompanied by some charts that you probably haven’t seen anywhere...
View ArticleMonthly Inflation Jumps for March 2014
The current CPI for the month of March was 236.293 which resulted in monthly inflation being up 0.64% in the month of March causing the Annual inflation rate to rebound from 1.13% up to 1.51% nearly...
View ArticleApril Inflation Up Sharply as Projected
The current CPI for the month of April was 237.072 which resulted in monthly inflation being up 0.33% in the month of April causing the annual inflation rate to jump from 1.51% up to 1.95%. Last month...
View ArticleVarious Methods of Calculating Inflation
Why are There So Many Different Ways to Calculate Inflation? We’ve all heard the old saying, “Figures don’t lie but liars figure” or perhaps “You can make numbers say anything you want“. Both of...
View ArticleUS Consumer Prices Rose 0.4% in May to 2.13%
The U.S. Bureau of Labor Statistics released the Consumer Price Index (CPI) for the month of May today, at 237.900 it was up sharply from April’s 237.072. This resulted in monthly inflation increasing...
View ArticleJapanese Inflation Higher than U.S- First Time Since 1978
Core inflation in Japan was 3.4% in May while U.S. inflation was officially, only 2.13%. This was the fastest rise in Japanese prices since April 1982. In the 1970′s inflation was bad in the U.S., but...
View ArticleInflation Flat in June
The Bureau of Labor Statistics released their Consumer Price Index (CPI) for June of 2014 on July 22nd. Based on the rounded numbers this would result in an Annual Inflation Rate of 2.1% the same as...
View ArticleBLS Releases July Inflation Numbers
The U.S. Bureau of Labor Statistics released their inflation numbers for July on August 19th. The basic summary they emailed read as follows: CPI for all items rises 0.1% in July as food prices rise...
View ArticleInflation Falls 3rd Straight Month
The Bureau of Labor Statistics (BLS) released the August inflation numbers today and for the third straight month inflation is lower. The annual inflation rate for the 12 months ending in May was...
View ArticleEurope is Teetering on the Edge of “Japan-Style” Deflation
Europe: The ONE Economic Comparison That Must Not Be Named… Was Just Named The Continent is now teetering on the edge of a “Japan-style” deflation. Here’s our take on it. By Elliott Wave International...
View ArticleInflation or Deflation? – Yes
Over the years we’ve published a variety of articles on the inherent “tug-of-war” between inflationary and deflationary forces in the world including How can we have Inflation and Deflation at the same...
View ArticleDeflation: The Last Argument of Central Banks
In today’s article John Mauldin looks at “good” deflation vs. “bad” deflation, Austrian vs Monetarist vs Keynesian economics, causes of falling agricultural and manufactured goods prices, ShadowStats,...
View ArticleJapanese Superman Meets Economic Kryptonite
Abenomics: From Faith to Failure Why the biggest monetary stimulus effort in the world did NOT stop deflation in its tracks By Elliott Wave International When Shinzo Abe became the Prime Minister of...
View ArticleBureau of Labor Statistics: Inflation Down
The U.S. Bureau of Labor Statistics released their monthly Consumer Price Index (CPI) data on Wednesday December 17th for November and reported lower inflation. The CPI for November was 236.151 down...
View ArticleBureau of Labor Statistics: Inflation Down
The U.S. Bureau of Labor Statistics released their monthly Consumer Price Index (CPI) data on Wednesday December 17th for November and reported lower inflation. The CPI for November was 236.151 down...
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