on the winners and losers from a period of higher inflation

The three most widely used measures of inflation in the U.S.

An inflation rate of 1 - 2.5% currently seems to be acceptable by many economists.

By: Nadeem_WalayatThe week saw the Merv (Britain's version of the Bernank) step forward and utter excuses as to why he now expects UK inflation to 'temporarily' soar above 5% this year on the official CPI measure (that significantly under reports real inflation as experienced by the general population). Mervyn King in a smoke and mirrors presentation all but blamed speculators for the surge in commodity prices with expectations that UK energy prices would surge by 15% later in the year.

April inflation data point to an upward trend of both the all items Consumer Price Index (CPI) and the core CPI, which excludes food and energy (see Chart 1). The data suggest that in as much as the Fed views the recent gains in energy and other commodity prices as "transitory," the level of concern could change fast if the economy gathers steam. In the three-months ended April 2011, the core CPI has risen at an annual rate of 6.2%.

The week saw the Merv (Britain's version of the Bernank) step forward and utter excuses as to why he now expects UK inflation to 'temporarily' soar above 5% this year on the official CPI measure (that significantly under reports real inflation as experienced by the general population). Mervyn King in a smoke and mirrors presentation all but blamed speculators for the surge in commodity prices with expectations that UK energy prices would surge by 15% later in the year.

The next chart shows how the effects of sustained inflation accumulate over the years.

Latest economic data (ISM manufacturing survey results for May, auto sales of May, factory production of April, consumer spending of April) underscore the shift in business momentum to a slower pace during the past two months. Consistent with this change, inflation expectations have declined.

We need to seriously re-assess the threat of inflation.

By: Michael_J_KosaresThe table displayed immediately below is likely to surprise even our most-jaded readers. It shows the astronomical increase in cash prices for well-known food commodities over the past 12 months. With inarguable exactness, it contradicts the nearly constant prattle in the mainstream press that inflation is under control, or that it is peaking and likely to come under control sometime soon. Some items on the list have doubled -- even tripled -- in price over the past year. Others have risen at mere double-digit rates.

Global Inflation and Unemployment Essay - …

The  ("Fed"), the central bank of the U.S., does not publicly target a goal for the inflation rate.

By: Fred_SheehanThis isn't right. This isn't even wrong" ~ Wolfgang Pauli, Cambridge University physicist, attempting to read a colleague's paper.60 MINUTES: "Can you act quickly enough to prevent inflation from getting out of control?"BERNANKE: "We could raise interest rates in 15 minutes if we have to. So, there really is no problem with raising rates, tightening monetary policy, slowing the economy, reducing inflation, at the appropriate time. Now, that time is not now."

Assessment Research Essay on Relationship between Inflation …

By: Mario_InneccoThe classical definition of inflation is an increase in the amount of money in circulation leading to a rise in prices of goods and services. In a fiat money system money and credit are imposed by statute on the public and controlled by the central banking cartel and not a free market for money and credit. As Felix Somary once said: “the state alone is responsible for inflation: inflation without government, or indeed against government, is impossible.”(1)


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Gregor Macdonald writes: Ideological deflationists and inflationists alike find themselves both facing the same problem. The former still carry the torch for a vicious deflationary juggernaut sure to overpower the actions of the mightiest central banks on the planet. The latter keep expecting not merely a strong inflation but a breakout of hyperinflation.

Inflation in Bangladesh Essay Example for Free

The classical definition of inflation is an increase in the amount of money in circulation leading to a rise in prices of goods and services. In a fiat money system money and credit are imposed by statute on the public and controlled by the central banking cartel and not a free market for money and credit. As Felix Somary once said: “the state alone is responsible for inflation: inflation without government, or indeed against government, is impossible.”(1)

Inflation Increased the Wealth Gap Essay Sample

By: SubmissionsGregor Macdonald writes: Ideological deflationists and inflationists alike find themselves both facing the same problem. The former still carry the torch for a vicious deflationary juggernaut sure to overpower the actions of the mightiest central banks on the planet. The latter keep expecting not merely a strong inflation but a breakout of hyperinflation.

Inflation in Bangladesh Essay

By: Money_MorningDavid Zeiler writes: More experts are saying what most Americans have suspected for years - the real inflation rate is much higher than the government is willing to admit.Officially, the U.S. Bureau of Labor Statistics (BLS) says the inflation rate, or Consumer Price Index (CPI), for 2011 was 3%.