Inflation

Archive for Inflation

Update on (Price) Inflation

I know I’m supposed to hang my head in shame at how some of us have been Chicken Littles on price inflation, but I’m still not sure it’s time to throw in the towel. (For the record: Yes I have definitely been wrong in the specific timeframes I gave for when we’d see certain things […]

Paul Krugman, Inflation Denier

In a recent blog post, Krugman provides some graphs of the things “we’re supposed to be worried about,” which he means sarcastically. Namely, bond market confidence and (price) inflation. Here are the charts: Then Krugman concludes: A naive observer might note that interest rates are low by historical standards, making you wonder why we’re obsessing […]

Krugman on Inflation and Wages

In the past on this blog, I’ve been chastised for suggesting that Keynesians nakedly assert that high unemployment and high price inflation are incompatible. Today (in a post I largely agree with), Krugman said this: And taking the longer perspective, you can’t have a wage-price spiral if wages refuse to spiral; and all indications are […]

Murphy Article and Radio Interview

Last week I was on the Peter Mac radio show. It was actually a very pleasant, smoothly flowing discussion of the Murphy-Krugman Debate and then more general issues (including the Liberty Dollar stuff). Today at Mises.org I have an article responding to the anti-pin-head Andolfatto.

O’Driscoll on Inflation

If I were a medical resident, I would concur: Global output of key crops such as corn, soybeans and wheat is down, and their prices are up, respectively, 94%, 51% and 80% from June lows. Today’s PPI report has wholesale prices up 1.1% in December after rising 0.8% in November. The Journal reminds us that […]

Ron Paul vs. NYT Guy on Colbert

HT2 Viresh Amin. The Colbert Report Mon – Thurs 11:30pm / 10:30c www.colbertnation.com Colbert Report Full Episodes Political Humor & Satire Blog</a> March to Keep Fear Alive The main argument from the NYT guy is that you can’t have a weak economy and rising prices at the same time. BTW this clip beautifully demonstrates the […]

A Sneak Peak at the Lara-Murphy Report

In the Lara-Murphy Report, we have a section “Pulse on the Market” where we give quick tidbits on various news items for people who don’t slavishly read Wenzel or ZeroHedge. Here’s the blurb I wrote for one issue: ==> Inflation or deflation? Depending on how you parse the numbers, you can “see” price inflation or […]

Sneaky Price Inflation Suppression

A while ago I got this email from Connie Cline, who makes a point about hidden CPI inflation that Silas Barta has been promoting: I had a rather mundane experience the other day, but it got me wondering … I was at my favorite big box store picking up landscape staples (you know, those little […]