The Federal Reserve says it has inflation under control. More and more economic data says that is not true. Wheat, copper, and gold prices are at or near all-time highs. ... Read Full Story »
The prices of goods sold online has moved up sharply according to data from MIT. The movement higher has outpaced the Consumer Price Index recently, a possible sign of inflation ... Read Full Story »
The Xinhua news agency reports that China imported just under 210 metric tons of gold in the first ten months of 2010. That is about five times the what it ... Read Full Story »
The European Union's economy commissioner says that the 16-country region faces deflation if financial reforms are not made in most of the nations in the alliance. According to the AP, ... Read Full Story »
The March Manufacturing ISM report was better than expected, indicating that the economy is expanding whether job creation is occurring or not. The figures may support the theory that production in the US ... Read Full Story »
China's statistics bureau said that the rise in housing prices over the last year was 1.5%. The China Real Estate Association put the figure at 22%. "When I saw that ... Read Full Story »
Since the start of the financial crisis the Federal Reserve has grown the money supply with incredible speed. Inflation hawks have been crying bloody murder. To be sure, the amount ... Read Full Story »