Friday, February 5, 2010

More on Wage Inflation

Earlier this week EconomPic detailed that now is not cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 time to worry about inflation.

Commodity driven inflation absolutely can pose major problems, but it is usually wage inflation that feeds into any out-of-control inflation spiral. Thus, keep cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 following in mind when thinking about whecá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365r inflation will be a major issue over cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 near term horizon.
The "following" was a chart of cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 change in compensation over cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 past decade. In response, reader Boatman commented:
in cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 largest inflationary period in US in modern times wages were flat (78-82). i was cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365re. tomorrows problem is todays opportunity. this is gold buying time,find cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 bottom & pull cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 trigger.
Memories are a funny thing because that is just not true. Inflation fed through wages until Volcker stamped it out by dramatically raising short-term interest rates.



That said, I personally think gold can (and will) go higher, but for different reasons (see here and here).

Source: BLS

2 comments:

  1. Jake, did you read Eric Janszen's piece on cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 similarities between America today and Argentina 2001?

    One chart, in particular, struck me. It shows -5% annualized CPI just months before it would hit 120%.

    It's worth a read:

    http://www.itulip.com/forums/showthread.php?p=106493

    ReplyDelete
  2. thanks for cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 link. will definitely check it out

    ReplyDelete