Fed Chairman Ben Bernanke in a speech to the Senate Banking Committee said he does not believe the US will suffer another bout of 70s style deflation. In his view, the commodity prices increases...
The benefit of using rate cuts to stem the rot vs. extended rate cuts heralding stagflation.... What we end up with is that the FED's rate cuts devalue the dollar and fuel inflation, with virtually...
The government inflation numbers do not reflect the reality for most people. The government and Wall Street predict overall inflation will run 2%. But:
Gas prices are estimate to go up 11%...
The Fed today decided to cut the Federal Funds rate and the Discount rate by .25%. This is less than what many on the Street hoped and wanted but the Fed understands that inflation pressure is...
Over the last couple of weeks it's become clear that we are entering a new period of staglation, that horrible condition of low growth and rising inflation that characterized much of the 70s.
Bernanke testified before Congress that economic growth will slow. He doesn't plan to raise interest rates though, because he can't. We see to be entering a period of stagflation and raising...
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