Deflation Fears Resurface, Putting Fed in a Bind ...Deflation is a prolonged and widespread decline in prices that causes consumers and businesses to curb spending as they wait for prices to fall further. It also increases the burden of any given amount of debt... There has also been a collapse in inflation expectations as measured by the yield spread between 10-year U.S. Treasuries and inflation...
Telegraph UK: Britain faces deflation for first time since 1960 Britain will slump into deflation next year for the first time in half a century, experts have warned By Edmund Conway, Economics Editor Last Updated: 10:51PM BST 17 Oct 2008 For the first time since 1960, the cost of living will start to shrink next year, in a worrying parallel of the Japanese "disease" of the 1990s, according...
New York Times: Home Prices Seem Far From Bottom Home prices across much of the country are likely to fall through late 2009, economists say, and in some markets the trend could last even longer... Adding to the worries nationwide are rising unemployment, falling wages and escalating mortgage rates — all of which will reduce the already diminished pool of would-be buyers. The Rest (LINK)
Economist.com: ...The most spectacular reflection of falling activity has been the Baltic Dry Index (BDI), which traces prices for shipping bulk cargoes such as iron ore from producers such as Brazil...the index has been driven up by the boom in China, as that economy sucks in raw materials in bulk-carrying ships and pumps out finished products, which are exported in vessels. The rest here (LINK)
VOX : US price deflation on the way Janine Aron John N Muellbauer 10 October 2008 The world is on the cusp of an inflation “turning point”, so the standard models are likely to go badly wrong. Recent research with better models suggests that the US inflation rate could become negative within the next 18 months. We are now on the cusp of the most significant tuning point for inflation...
While I know all too well that it sure it ain't health-food, I've always had a weakness for Lay's potato chips. I don't want to be a total pig about eating them, so I usually buy the 99c bags at the gas...for the same won't feel jerked around. But the fact that the content of the previously sacrosanct $1 bag is being changed was a loud-and-clear signal that Inflation Is Here and it isn't going away
Here we are, on the edge of a collapse of the economy, and lawmakers in Washington are getting ready to take a month long break so they can go do some campaigning. Are they the most negligent politicians...greatest crisis of all time that these individuals abandon the critical work, the real in-depth work, that needs desperately to be done. My stomach turns just contemplating such clueless thinking
The 700 billion bailout plan has a few issues with it, as one might imagine if they have any cognitive abilities as all. Hank Paulson, who in my opinion if the greatest traitor this nation has had the...that the Federal Reserve Act of 1913 is abolished and Ben Bernake and Hank Paulson are the first against the wall. Whatever happens there is only one thing we can count on, this is going to hurt
A new day arises on Cockaigne, the mystical land of plenty. In this realm, everything is permitted in excesses. This is where our story begins with our little bubbleus affectionately named Selene... flat as a blowup doll which hasn’t been used. It gracefully drifted in the passing wind until it fell gently on the ground. She smiled at a fluttering butterfly tickling her nose.
...(PV), wind, hydro and biomass; conservation and energy efficiency; renewable energy portfolio standards (REPS) and net metering; new urbanism; the "coal rush" and nuclear power initiatives; inflation, deflation, stagflation and unemployment; the monetary system, federal reserve, banking industry and stability of the financial system; and additional topics related to unsustainability and sustainability...
