News
Bloomberg | Wen Says China May Fine-Tune Monetary Policy Amid ‘Difficult’ Conditions
"We see downside pressure on our economy and elevated inflation at the same time,” Wen said during a two-day trip to Hunan province, according to a statement on the government’s website yesterday. “We also face problems of weakening external demand and rising costs for companies.”
Econ Comments
Fox Business | U.N. Official: Food Prices May Ease in 2012
Global food prices measured by the FAO hit a peak in February but have been falling since June as crops have improved and concerns about global economic turmoil have reined in demand growth.
Cato Institute | The Fed's Mission Impossible
Will this new round of rules, and greater discretionary supervision, finally stop too big to fail?
Blogs
Free Banking | Hyperinflation, alive and well
I have some very clear memories about inflation in the US from the late 1970s and early 1980s.
Free Banking | Good deflation and good inflation
A couple of weeks ago, Scott Sumner pointed out that many conservative-leaning economists think that certain types of deflation can be good. The same economists, though, are typically reluctant to acknowledge that by a similar argument, certain types of inflation can be good.
