Big Surge in Consumer Prices
Don't you dare say "inflation"
Automation looks increasingly attractive
Lots of prices do seem to be heading north
Bloomberg's recently (and quite rightly) christened "Forbes 30 Under 30" superstar Josh Barro is inside my head. Or at least that's what the title of his recent post for The Ticker implies. But since he kindly didn't dig deeper in exploring the depths of our depraved "Hard-Money Advocate" Brains, let me clear up a few things.
Urged policy makers to hold interest rates near zero until the unemployment rate falls to 7 percent or inflation rises to 3 percent.
Taken as a sign of recovery until the next piece of bad news is taken as a sign that the recovery has stalled
Inflation historian describes how the Age of Abundance has ended.
Rise attributed to increased air fares and and a fall in the number of discount shops.
A laundry soap has developed as much legitimacy as the dollar to serve as currency. What's going on?
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