The Real Reason for Bank of England’s Worthless CPI Inflation Forecasts

The Bank of England released their latest quarterly inflation report this week that again sought to revise the forecast for UK inflation to converge towards 2% in 2 years time. However one major change accompanying the forecast was that...

One Step Closer to De-flation

Source: http://timiacono.com/index.php/2010/07/16/one-step-closer-to-de-flation/#more-6331 The Labor Department reported that consumer prices fell 0.1 percent in June, down for the third straight month, paced by further declines in energy prices. On a year-over-year basis, the government’s measure of annual inflation fell from...

The Inflation Mega-Trend Continues With UK CPI 3.4%, RPI 5.1%

Another month and another release of UK inflation data at far above the Bank of England’s target of 2% and above the upper limit of the Banks 1% to 3% range by reporting CPI of +3.4% for May. Thus...

Greece Economic Depression Resulting in INFLATION NOT DEFLATION Surge

Greece, Europe's Achilles Heel continues to implode under its budget deficit and total debt burden sending a series of strengthening shock waves across Europe's credit and financial markets.....

Working Class Feels Affects of Inflation in 2009

Inflation-Adjusted Wages Fell 1.6% in 2009

Ron Griess: A look at various measures of Inflation

Ron Greiss of the Chart Store produces great graphics. In FSO’s wrapup piece, Greiss looks at various measures of inflation. Go here to see it: http://www.financialsense.com/Market/griess/2009/1229.html

Aden Sisters & Ian McAvity on Gold

In relative terms, Gold is still quite undervalued compared to the 1980 peak.