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I've seen many people worry that we'll soon be seeing high inflation and perhaps even hyperinflation. But it's no sure thing. This article makes a case that it won't happen. Even though the Fed is...
Robert Prechter, the market forecaster who told investors to sell their stocks weeks before the October 1987 crash, is back in the news. Prechter, head of market-forecasting firm Elliot Wave...
Another Mish commentary on why we'll see many years of bad stock market performance and little inflation. From the post:
Think the US stock market is going to come roaring back if consumer...
Noted economists Gregory Mankiw, former White House adviser, and Kenneth Rogoff, former Chief Economist at the International Monetary Fund believe the US needs a bit more inflation to get the...
This inflationist view of the world seems to rely on two general propositions. First, the unprecedented increases in the Fed’s balance sheet are, by definition, inflationary. The Fed has to print...
Many people think the U.S. is headed for high inflation, but there are arguments that say it won't be an issue. This post shows how deflation is spreading, and why we're more likely to experience...
The Labor Department released the CPI numbers for March. We saw the first 12-month period of deflation (as measured by the CPI-U) since 1955. Most of the deflation was in the last quarter of 2008....
The Series I Savings Bond currently has a composite rate of 5.64%, and it's available through April 2009. This rate is much higher than you can get now with any CDs, but it's not really that good...
Is gold really a hedge against inflation? The conventional wisdom says yes but the data seems to suggest otherwise. Indeed, the data suggestions that gold is not a hedge against inflation as it is...
With the latest news from the Federal Reserve today, some may see sky rocket inflation around the corner. Not Mish. Here's an excerpt.
Please note that Bernanke has already failed. "It"...
Economists have reason to fear that a deflationary spiral is looming. But so far, few economists believe that a couple of months of price declines is enough evidence to suggest that the U.S. is now...
The U.S. economy has all the ingredients—slowing job and wage growth, slack consumer demand—for a deflationary cycle, without strong financial markets to cushion the blow.
It seems like it...
The Federal Reserve cut its target interest rate by half a percentage point yesterday to just 1% in an effort to increase lending in the economy. This is good news for the economy ( although the...