Category Archives: Inflation
How the Fed Steals Your Life
Things are going haywire. Prices are shifting about in erratic and unpredictable ways. Take gas prices, for instance. Here in the Golden State we just paid $3.87 per gallon for the cheap stuff. You’d think at that price the economy … Continue reading
Heating the Stove with Furniture
Several important economic data points from last month were revealed this week. Industrial production and the producer price index were reported on Wednesday. Then, yesterday, the consumer price index was reported. Here are the particulars… According to the Federal Reserve, … Continue reading
The Money Must Go Somewhere
In Friday’s issue of the Economic Prism we suggested that, despite all the financial uncertainty going on, the U.S. economy is strengthening. By the response we received, this optimism astonished many of our readers. Naturally, we thought that would be … Continue reading
In Graphs We Trust
Federal Reserve Chairman Ben Bernanke can’t seem to catch a break. Wherever he turns someone is there to knock his job performance. Senators, Presidential candidates, lowly editorial writers…they’ve all lined up and cast their stones. But why? Hasn’t Bernanke done … Continue reading
