tag:blogger.com,1999:blog-6616959642391988608.post5803587495982704322..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: Consumer price inflation is still running almost 2%Scott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-6616959642391988608.post-16659551558751518432015-10-30T06:20:33.137-07:002015-10-30T06:20:33.137-07:00stock market investment tips, share market calls.
...stock market investment tips, <a href="http://www.sharemarketcalls.com/" rel="nofollow">share market calls</a>.<br />Share market Calls is a best stock market Firm in India. Share Market <br /><br />Calls provide 2 days free trail tips in all stock market services. <a href="http://www.sharemarketcalls.com/" rel="nofollow">Equity tips</a>, Stock Cash <br /><br />tips, Forex tips, Option tips, Anonymoushttps://www.blogger.com/profile/11270720486633696898noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-59364436810504347262015-06-23T03:20:48.870-07:002015-06-23T03:20:48.870-07:00At the fund manager level, managers don't want...At the fund manager level, managers don't want to diverge too much from the index.If they stay more or less within a reasonable range of the index, they will be fine and won't get fired, <a href="http://www.epicresearch.co/equity/stock-tips" rel="nofollow">Stock tips</a>.<br />Nidhi Singhhttps://www.blogger.com/profile/04817849326165574873noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-85093443412816037492015-06-19T20:28:06.089-07:002015-06-19T20:28:06.089-07:00Scott-
I disagree that the Fed has been "eas...Scott-<br /><br />I disagree that the Fed has been "easy" since 2009---Scott Sumner would disagree with you also. And probably Milton Friedman. After all, in 1992 Friedman chastised the Fed for being "too tight" when inflation was at 3% and real growth about the same. Friedman also the Fed was too tight in 1956-7, and the Great Depression, and he thought the Bank of Japan was Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-46131672310846714382015-06-19T14:42:23.534-07:002015-06-19T14:42:23.534-07:00Scott,
I've been doing some work separating s...Scott,<br /><br />I've been doing some work separating shelter inflation from core inflation. Constrictions on housing supply in the major metro areas are creating supply-based shelter inflation. For the past 20 years, shelter inflation has typically been 3% and core minus shelter inflation has been closer to 1%. That's basically where they are running now. It's tough for wage Kevin Erdmannhttps://www.blogger.com/profile/07431566729667544886noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-29901969396862594442015-06-19T04:37:24.764-07:002015-06-19T04:37:24.764-07:00the fed and its manipulations are no substitute fo...the fed and its manipulations are no substitute for sound federal government policy. lower taxes and regulation cannot be trumped by zero interest rates. obviously, the US lacks the former and thus sub par growth. you don't need to be an economist to see the obvious.stevehttps://www.blogger.com/profile/07387986994469835875noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-73443230719372619822015-06-18T17:58:36.231-07:002015-06-18T17:58:36.231-07:00Benjamin: doesn't it strike you as curious tha...Benjamin: doesn't it strike you as curious that core inflation has been averaging almost 2% for the past 14 years, during which time the Fed has been easy (early- to mid-00s), very tight (2007-2008) and extremely easy (2009-present)? And that economic growth has been sub-par (averaging 1.8% per year) throughout? Monetary policy has been all over the map, yet core inflation has been rather Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-81424029060704063282015-06-18T17:23:56.830-07:002015-06-18T17:23:56.830-07:00Well, good post but....You don't ask the next ...Well, good post but....You don't ask the next question.<br /><br />What if the Fed had been more stimulative? Would the rate of inflation be any higher? Or, would we have experienced more real growth?<br /><br />And it should be noted that the Fed targets 2% inflation on the PCE and has been about 50 basis points below that target on and off for the last several years.<br /><br />The issue isBenjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.com