Friday, December 24, 2010

An inflation (or lack thereof) chart show

Over at TheMoneyIllusion, Scott Sumner takes a shot at what he refers to as “Disinflation Denial.” His point is that prior to the recent run-up, “commodity price indices fell by more than 50%.” Thus, if the run-up in commodity prices suggests loose policy now, they must have been signaling tight policy earlier. I am hesitant [...]

Jennifer Gareis Ashlee Simpson Donna Feldman Jodi Lyn OKeefe Emma Watson

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