Latest Hyperinflation Stories
FORT LEE, N.J., March 12 /PRNewswire-USNewswire/ -- The National Inflation Association today released the following statement to its http://inflation.us members: "The United States today is in a short-term deflationary phase caused by forced liquidations, de-leveraging, going out of business sales, and other temporary factors. It is our belief that the monetary policies of the Federal Reserve and United States Treasury will soon put an end to this deflationary phase, and we will see massive...
Zimbabwe's central bank said the country should adopt the South African rand to use in conjunction with the near-valueless Zimbabwe dollar, reports said. Reports of the bank's admission that the Zimbabwean dollar has collapsed come from those who have seen a 105-page recovery plan believed to be the work of Reserve Bank Gov.
By Barbara Hagenbaugh WASHINGTON -- Inflation will likely ease in coming months, but prices are expected to stay elevated, keeping pressure on consumers, businesses and the Federal Reserve.
By Stephen Foley inflation in the United States soared to a 17-year high last month, dealing a blow to hopes that falling commodities prices will quickly take pressure off the American consumer.
By John Browne As a select group of Americans continues to prepare for this week's Beijing Olympics, other Americans continue to worry about their dwindling portfolios. They are looking at gold as an alternative investment to the volatile stock and bond markets.
WASHINGTON (Reuters) - Soaring petroleum costs pushed U.S. import prices up sharply in August, government data showed on Friday, but other import prices remained very subdued in good news for the Federal Reserve as it monitors inflation.
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