Latest Asset price inflation Stories

2010-06-01 16:02:00

FORT LEE, N.J., June 1 /PRNewswire/ The National Inflation Association today released the following inflation update to its http://inflation.us members: NIA finds it disturbing that mainstream media outlets continue to give credibility to imbeciles like Dave Ramsey. Ramsey recently described gold as being "dumb," "speculative," "volatile," and one of the "weirdest" investments. Ramsey compared investing into gold to investing into diamonds and called its value an "illusion". He said that...

2009-04-03 09:26:56

The Central Bank of Russia said inflation in the first quarter of 2009 hit 5.3 percent and predicted an annual drop to less than the 2008 rate of 13.3 percent. Bank Chairman Sergei Ignatyev said a weaker ruble had pushed inflation higher, but the ruble's fall ended in January, RIA Novosti reported Friday. Further, an absolute break in the ruble supply in the past few months and the consistently low level of global food, energy and commodity prices, would continue to slow inflation, he said....

2008-12-16 18:05:24

Inflation in Britain fell to 4.1 percent in November, but could fall to a low of 1 percent in 2009, Bank of England Gov. Mervyn King said. Falling oil prices was a prime contributor in the slower inflation rate, The Times of London reported Tuesday. In a letter to the Chancellor of the Exchequer Alistair Darling, King said more needed to be done to help free up lending for individuals and households. King also wrote, it is possible that I will not need to write a further open letter to you in...

2008-10-10 03:00:22

By McGranahan, Leslie In July 2008, food prices were 6.0% above their July 2007 level. This article examines how different household types have been affected by the recent rapid rise in food prices. Increases in food prices have been grabbing headlines recently. In this Chicago Fed Letter, I investigate the ex- penditure patterns of different types of households to discover which house- holds have been most affected by food price changes. I find that food price increases have had a more...

Word of the Day
  • A fool; a simpleton: a term of abuse common in Ireland and to a less extent in the Gaelic-speaking parts of Scotland.
This word is partly Irish in origin.