All Quiet on Inflation Front
AUGUST 15, 2012
“Consumer prices were flat in July for a second straight month and the year-over-year increase was the smallest since November 2010, giving the Federal Reserve room for further monetary easing to tackle stubbornly high unemployment.” (Reuters)
The Fed has other things in mind.
FEE Timely Classic
“Government’s Diminishing Benefits from Inflation” by Jeffrey Rogers Hummel