BECKLEY — Today the Federal Reserve stated, ”Long-term inflation expectations have remained stable, and measures of underlying inflation have been subdued.” I define inflation as a general and progressive increase in prices. I’m not sure what the Fed’s definition of inflation is but let me share a couple of charts:
Archive for March 15th, 2011
Higher Oil Prices Do Not Mean Inflation?!?!?
Posted in Uncategorized on March 15, 2011 | 7 Comments »
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