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Olduvai III: Catacylsm
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Fed Warns Inflation Has Arrived: Philadelphia, New York Fed Prices Paid Soar

Fed Warns Inflation Has Arrived: Philadelphia, New York Fed Prices Paid Soar Just in case the economic data appeared to be coming in as too hot in recent days, today’s two key regional Fed manufacturing indicators sent conflicting signals, with the New York Fed survey sliding from 17.70 to 13.1, and missing expectations of 17.50, […]

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My letter to the WSJ re: Inflation is not indicative of an expanding economy

My letter to the WSJ re: Inflation is not indicative of an expanding economy Re: US Consumer Prices Flat in January, but Offer Glimmer of Inflation Dear Sirs: This quote from Ms. Davidson’s article perfectly illustrates the fallacy that higher prices are desirable: ”Broad-based price growth is signalling that the wage and price pressures are building, an […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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