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The Daily Data Dive: Yes, We Do Have Inflation
08-16-2016, 06:24 PM,
#1
The Daily Data Dive: Yes, We Do Have Inflation
The Daily Data Dive: Yes, We Do Have Inflation

In conjunction with the record highs in stock prices, the CPI data released today continues to show that ZIRP suppresses consumer goods inflation while inflating asset prices. This should be news to no one. The Bank of Japan dropped interest rates below 1% more than 20 years ago and to zero in 1999 and their CPI…


http://davidstockmanscontracorner.com/th...inflation/
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