tag:blogger.com,1999:blog-6616959642391988608.post1635467341345578426..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: Inflation is still alive and wellScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-6616959642391988608.post-32253274037772808442010-05-18T20:49:41.322-07:002010-05-18T20:49:41.322-07:00Benj,
Scott makes some good points with the PPI b...Benj,<br /><br />Scott makes some good points with the PPI being up. Food and energy can be very volatile, which is why many pay more atten to the core number. <br /><br />I continue to believe inflation as we have experienced in past decades is still 'out there' somewhere in time. However these things can change quickly and we need to be vigilant.<br /><br />I have been using November asJohnhttps://www.blogger.com/profile/11652253509768573561noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-40747470950283110842010-05-18T10:27:54.370-07:002010-05-18T10:27:54.370-07:00John-
If I read this chart correctly, the core ra...John-<br /><br />If I read this chart correctly, the core rate of inflation for the PPI is now under one percent. <br /><br />I believe in prudent monetary policy, but when the core rate is under one percent, when property is selling for half off, and you have 10 percent unemployment....maybe we can run the printing presses for a whileBenjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.com