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Because it's not simply expensive, it is "inflation busting", having gone up by 80% since 2004.
Because it's not simply expensive, it is "inflation busting", having gone up by 80% since 2004.
FRANKFURT — If the European Central Bank has one monetary dragon it considers essential to slay, it is inflation.
It is inflation as measured by the producer prices index, as measured by the personal consumer expenditure deflator (the yardstick of choice for the Fed), as measured by the monthly survey of small businesses, and as measured by the Institute of Supply Management.
I like to make big controversial calls, so here it is: Inflation is coming.
Inflation lies behind all infirm currencies, and it is inflation that destroys the purchasing power of consumers.
Similar(53)
It's all about finding whatever that perfect fit is for you, whether it's inflation or deflation.
By confirming inflation it explains why the universe still exists—since it was inflation which stopped it fluctuating back into the void.
It was inflation that wiped out British gilt-holders after the second world war.Equities offer a better hedge against inflation, but American shares still look expensive.
If the deficit is the obsession of this government, in 1979 it was inflation, which had rocketed into the twenties in the 1970s.
It's inflation.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com