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Wednesday, October 3, 2012

Monetary

News                                                                                                                             
Washington Times | Energy Stokes Inflation in Developed Economies.
"The annual rate of inflation across developed economies rose for the first time in a year in August, driven by a sharp rise in energy prices, a development that may narrow the scope for leading central banks to shore up faltering growth through additional stimulus measures."

Econ Comments & Analysis                                                                                            
RCM | A Dollar Deluge Disguises Deceitful Economic Data
Artificially inflated home prices are a welcome gift for incumbent politicians, underwater mortgage holders, and unemployed construction workers in cities that contributed more than their fair share to the housing debacle of 2008.