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Inflation explained
themessthatgreenspanmade.blogspot.com - 12/17/2008
Inflation explained
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While waiting for the new inflation initiatives to be announced by the Federal Reserve in about an hour, via 24hGold comes the following Depression-era explanation of why inflation is our only hope in the current crisis. "What inflation has done before, inflation can do again. Happy days ...
Humpty Dumpty On Inflation
globaleconomicanalysis.blogspot.com - 12/18/2008
Humpty Dumpty On Inflation
— globaleconomicanalysis.blogspot.com — There is an excellent article by Axel Merk on 321Gold called Monetizing the Debt . The article... discusses the Fed's growing balance sheet and whether or not it represents inflation. The aspect that I want to highlight is in regards to bank lending. ... (more) Humpty Dumpty On Inflation

Comments vote down Stefan Karlsson's blog found this 12/18/2008found this
reason.com - 12/22/2008
The Growing Case for Inflation: Why rising prices will help the economy - Reason Magazine
— reason.com — One of the great achievements of our time has been the conquest of inflation. In the 1970s,... it ravaged our savings, raised our taxes, and kept the economy on a roller coaster. So it is a measure of our current economic crisis that the return of ... (more) The Growing Case for Inflation: Why rising prices will ...

Comments vote down Stefan Karlsson's blog found this 12/22/2008found this
project-syndicate.org - 12/14/2008
Inflation is Now the Lesser Evil by Kenneth Rogoff
— project-syndicate.org — CAMBRIDGE – It is time for the world’s major central banks to acknowledge that a sudden burst... of moderate inflation would be extremely helpful in unwinding today’s epic debt morass. Yes, inflation is an unfair way of effectively writing down all ... (more) Inflation is Now the Lesser Evil by Kenneth Rogoff

Comments vote down naked capitalism found this 12/14/2008found this

Blog Reactions

self-evident:  Trust the inflation. The inflation is your friend.

FT Alphaville:  Oh, happy, inflationary, depressionary, days

naked capitalism:  Links 12/17/08

Comments
Blog Reactions

Trust the inflation. The inflation is your friend.
self-evident — Via LOLFed, an hilarious video explaining why inflation makes a country strong. Greg Mankiw — who is considered a conservative — says much the same thing, so maybe it is not so hilarious after all. The abandonment of “price stability” would be the modern equivalent of Roosevelt’s abandoning the gold standard. Of all the things that Roosevelt did to get the economy out of the Depression, jettisoning the gold standard was the most successful. You see, back in the 30s, they had a simple ...

Oh, happy, inflationary, depressionary, days
FT Alphaville — Oh, happy, inflationary, depressionary, days Posted by Tracy Alloway on Dec 17 10:57. Via The Mess that Greenspan Made - a Depression-era clip on inflation. ...

Links 12/17/08
naked capitalism — ... Since June 30 Bespoke Investment Group A List a Landlord Doesn’t Want to Be On New York Times. Distressed commercial real estate on the rise. What can be learned from the banking crisis Hans-Werner Sinn, VoxEU AIG Writedowns May Rise $30 Billion on Swaps Not in U.S. Rescue Bloomberg (hat tip reader a) Criminal charges for Nicola Horlick now John Hempton U.S. Ratchets Up Citi Oversight Wall Street Journal Inflation explained Tim Iacono (hat tip reader Hubert) Antidote du jour: ...

Related: federal reserve and inflation
Watch That Dollar — Bear Mountain Bull
Commentary from Axel Merk: Faced with the threat of deflation, the Federal Reserve (Fed) may be trying to drive the dollar lower to spur inflation. As policy makers don’t want home prices to deteriorate further, an alternative is to inflate the prices of all other goods and services: as a ...
Greg Mankiw Joins the Inflation Caucus — J. Bradford DeLong's Grasping Reality with All Eight Tentacles
He writes: Greg Mankiw's Blog: The Next Round of Ammunition : The next step for the Fed is to drop the "price stability" rhetoric. The Fed has never been truly committed to stable prices.... Now that zero, or even below zero, is a possibility, the Fed needs to convince people that we are ...
In Hindsight Bernanke Was Prophetic in 2002 — The Prudent Investor
Federal Reserve chairman Ben "Printing Press" Bernanke and his fellows around the FOMC oak table may appear being behind the curve since the onset of the debt crisis in August 2007. Its erratic rate policy rather followed loud calls from Wall Street pundits, establishing such nicknames like ...
Fed Fights To Weaken US Dollar — Daily Markets
Faced with the threat of deflation, the Federal Reserve (Fed) may be trying to drive the dollar lower to spur inflation. As policy makers don’t want home prices to deteriorate further, an alternative is to inflate the prices of all other goods and services: as a result, the relative ...
Chart of the Day: Deflation — The Big Picture
Awesome chart from, David Leonhardt’s column today: > > courtesy of NYT > Source : Finding Good News in Falling Prices DAVID LEONHARDT NYT, December 16, 2008 http://www.nytimes.com/2008/12/17/business/economy/17leonhardt.html
Fed Fights to Weaken Dollar — GoldSeek.com
Faced with the threat of deflation, the Federal Reserve (Fed) may be trying to drive the dollar lower to spur inflation. As policy makers don't want home prices to deteriorate further, an alternative is to inflate the prices of all other goods and services: as a result, the relative prices of ...
Money For Nothin' And... - Fed Cuts Fed Funds Target To 0+ — The Prudent Investor
Share and bond markets rallied on Tuesday after the Federal Reserve announced that it will give away new money for almost free, lowering the Fed Funds target range to a historical low of 0% to 0.25%. The Fed had cut the Fed Funds rate in late October by 50 basis points. The new record low rate ...
Fed Won't Tell Who Got The $2 Trillion — The Prudent Investor
In a move not exactly designed to lower investors fears about rampant monetary inflation and other shady dealings without congressional oversight in the USA the Federal Reserve is battening down the hatches. While money printing has become a fairly transparent business for central banks in the ...