Latest Monetary inflation Stories
TORONTO, Feb. 28, 2013 /CNW/ - The C.D. Howe Institute's Monetary Policy Council (MPC) today recommended that the Bank of Canada maintain its target for the overnight rate, the very short-term interest rate the Bank targets for monetary policy purposes, at 1.00 percent at its next announcement on March 6, 2013. The Council further called for the Bank to hold the target at 1.00 through to March of 2014. The MPC is a C.D. Howe Institute project that provides an independent...
LONDON, Jan. 31, 2013 /PRNewswire-iReach/ -- The Inflation Hub (http://www.inflationhub.com) is an educational website that aims to help people learn about inflation and how best to protect their savings in an inflationary environment. (Photo: http://photos.prnewswire.com/prnh/20130131/CG52467) The Central banks of the world's biggest economies are all in a 'battle' to devalue their currencies. By 'printing' enormous quantities of money through quantitative easing, central banks...
While long-term care and other healthcare facilities are no longer worrying about milk prices doubling due to the 'Dairy Cliff', drought and other factors are predicted to cause food prices to rise significantly in 2013. Monsey, NY (PRWEB) January 07, 2013 Long-term care facility owners, administrators and purchasing directors planning their dietary budgets for the coming months have been keeping a close watch on the news this week amid fears that milk prices could double due to...
TORONTO, Sept. 12, 2012 /CNW/ - The Bank of Canada needs a better inflation indicator that is more sensitive to swings in house prices than the Consumer Price Index (CPI), according to a new report from the C.D. Howe Institute. In "Housing Bubbles and the Consumer Price Index: A Proposal for a Better Inflation Indicator," Philippe Bergevin points out the CPI has not usefully reflected the rapid run-up in housing prices in recent years. He proposes a new official inflation...
FORT LEE, N.J., June 10 /PRNewswire/ -- The National Inflation Association today announced three shocking new NIAnswers that it has added into its database at http://inflation.us: How come there is so much confusion in the world about the definition of inflation? If inflation is an increase in the money supply, then aren't we currently seeing deflation since the M3 money supply is contracting? NIA's simple definition of inflation is the printing of money. It is the government and the...
FORT LEE, N.J., April 17 /PRNewswire/ -- The National Inflation Association - http://inflation.us today announced the top 10 most interesting new NIAnswers recently added to its database. 1) How much over spot is a good price for silver and gold? A good price for a 1 oz silver coin like an American Eagle or Canadian Maple Leaf is 12% over spot, and a good price for a 1 oz silver bar is 6% over spot. For gold, a good price for a 1 oz gold coin like an American Eagle or Canadian Maple Leaf is...
FORT LEE, N.J., Dec. 28 /PRNewswire/ -- The National Inflation Association - http://inflation.us today discussed the biggest threat to the U.S. economy in 2010. In 2009, we saw the monetary inflation created by the Federal Reserve's zero percent interest rates drive up the prices of U.S. stocks, without dramatically increasing the prices of U.S. consumer goods. We consider 2009 to have been a brief period of euphoria, before a rapid increase in the prices of food, energy, clothes and other...
FORT LEE, N.J., Nov. 12 /PRNewswire/ -- The National Inflation Association today released the following statement to its http://inflation.us members: "The National Inflation Association is pleased to announce that it has started the production of a new documentary about inflation and the upcoming collapse of the U.S. dollar. This will be a sequel to NIA's critically acclaimed 'Hyperinflation Nation' which has been viewed over 293,000 times since June 28th. "The anticipated release of the...
