tag:blogger.com,1999:blog-6616959642391988608.post209488358707938927..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: A weaker-than-expected Q4 GDP points to a stronger Q1Scott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-6616959642391988608.post-43320598499515987502011-01-29T14:25:27.666-08:002011-01-29T14:25:27.666-08:00If I read St. Loo Fed tables correctly, the GDP De...If I read St. Loo Fed tables correctly, the GDP Deflator indicates total price increases since June of 2008 of about 1.4 percent. <br /><br />So, over 2 1/2 years, prices rose 1.4 percent. <br /><br />Obviously, we are running inflation at well under 1 percent, if these figs are accurate. <br /><br />If this keeps up, some observers will have to alter their views about what causes inflation. <Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-71250554626910015272011-01-29T14:06:24.161-08:002011-01-29T14:06:24.161-08:00Nominal final sales of domestic product (NFSDP) is...Nominal final sales of domestic product (NFSDP) is a preferred measure of aggregate demand by some Quasi-Monetarists (nominal GDP and final sales to domestic purchasers are two others). NFSDP rose an astonishing 7.3% at an annual rate in the fourth quarter (since the recovery began it has never exceeded 3.0%). In real terms the increase was 7.1%, the most in 26 years. I think this shows a number Mark A. Sadowskihttps://www.blogger.com/profile/03808422001577047266noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-150659452241028292011-01-28T13:57:19.356-08:002011-01-28T13:57:19.356-08:00Scott, thank you.Scott, thank you.Buddy R Pacificohttps://www.blogger.com/profile/12737107556268024013noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-72682245900838840512011-01-28T13:51:43.807-08:002011-01-28T13:51:43.807-08:00Re GDP deflator: this the broadest measure of infl...Re GDP deflator: this the broadest measure of inflation, covering all prices in the economy. It can sometimes be different from the CPI, but over time the two move together, with CPI tending to show somewhat more inflation than the deflator. <br /><br />Re Exports: Net exports subtracted more from growth in the first three quarters of last year than they added to Q4 growth. But the general trend Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-62739908444657095432011-01-28T13:31:14.508-08:002011-01-28T13:31:14.508-08:00Inflation is dead.
From here, we get declining un...Inflation is dead.<br /><br />From here, we get declining unit costs as production rises, spreading overhead out over more units. Wages are dead in the water.<br /><br />With open borders, goods, services, capital and even labor will come in to USA if there is demand.<br /><br />I see zero inflation for two more years, but I hope for solid growth.<br /><br />I still think we are on the first Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-55571438346605451752011-01-28T13:07:47.121-08:002011-01-28T13:07:47.121-08:00Scott, could you expand a little on "GDP defl...Scott, could you expand a little on "GDP deflator" definition? Also, any thoughts on Exports contributing to one/half of Q4 GDP growth?Buddy R Pacificohttps://www.blogger.com/profile/12737107556268024013noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-21232642953942113752011-01-28T12:49:36.389-08:002011-01-28T12:49:36.389-08:00Personally i believe the inventory
will be revise ...Personally i believe the inventory<br />will be revise dup and Scott you<br />will be right.broderohttps://www.blogger.com/profile/12296214283216386700noreply@blogger.com