Tag Archives: Economic Growth

Interesting Inflation News Links (May 06, 2009)

* Shop price inflation falls on slower food prices (James Thompson, The Independent Online)

Shop price inflation fell in April for the first time since the cut in VAT in December, as hefty non-food discounting at Easter, sharp price deflation at fashion and footwear retailers and the first slowdown in food prices this year gave customers a welcome boost.

* 1.7 million fewer pints drunk every day this year due to recession (Harry Wallop, Telegraph)

In the first three months of this year the equivalent of 1.67 billion pints of beer were drink in Britain a fall of 8.2 per cent, or 1.7 million pints a day on the first quarter of last year.

* New Study Accuses Bankruptcy Judges Of Routine Illegality (Nathan Koppel, Wall Street Journal)

Bankruptcy lawyers are fat and happy these days; that much we have documented. (Click here and here .)

* Hey, Hell’s Kitchen! Suck It! (Patrick Alan Coleman, Portland Mercury)

Ive been known to watch an episode or two of Hells Kitchen . Im not proud of it. But as the Bible says, Let those whove never suffered bad television judgment throw the first remote.

* China fears bond crisis as it slams quantitative easing (Ambrose Evans-Pritchard, Telegraph)

policy mistake made by some major central bank may bring inflation risks to the whole world,” said the People’s Central Bank in its quarterly report.

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Jeannine Aversa: What the Fed said — and meant

A great story by Jeannine Aversa of the News & Observer.

“Members agreed that substantial additional purchases of longer-term assets eligible for open market operations would be appropriate. Such purchases would provide further monetary stimulus to help address the very weak economic outlook and reduce the risk that inflation could persist for a time below rates that best foster longer-term economic growth and price stability.”

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Jeannine Aversa: What the Fed said — and meant

Today at News & Observer, Jeannine Aversa writes:

“Members agreed that substantial additional purchases of longer-term assets eligible for open market operations would be appropriate. Such purchases would provide further monetary stimulus to help address the very weak economic outlook and reduce the risk that inflation could persist for a time below rates that best foster longer-term economic growth and price stability.”

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Interesting Inflation News Links (March 31, 2009)

For decades, conservative Republicans could not consistently climb out of their political minority status based on their limited government philosophy alone. That changed fundamentally for the long run in 1980, when Ronald Reagan embraced supply-side economics and the Kemp-Roth tax cuts, and campaigned on a vision for robust economic growth. The focus on economic growth and tax cuts transformed…

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Volante: ECONOMY TIMELINE

Here is today’s story from Volante.

1990s: For the major part of the 1990s, there is a period of economic growth. There is low inflation, high growth rates, and low unemployment rates.

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Interesting Inflation News Links (March 05, 2009)

* Partner gets 7 years in mortgage fraud case (Rochelle Olson, Star Tribune)

A Greenwood man convicted in a $6 million suburban mortgage fraud scheme received the same seven-year prison sentence Wednesday as his codefendant, with a Hennepin County District judge agreeing to free both men on bail pending appeals.

* Chavez orders expropriation of Cargill rice plant (Christopher Toothaker)

President Hugo Chavez ordered the expropriation of a rice-processing plant in Venezuela owned by American food giant Cargill Inc. on Wednesday because the company allegedly was not distributing rice at prices imposed by the government.

* Chavez orders takeover of U.S. rice plant (Newsweek)

CARACAS, Venezuela – President Hugo Chavez ordered the expropriation of a rice-processing plant in Venezuela owned by American food giant Cargill Inc. on Wednesday because the company allegedly was not distributing rice at prices imposed by the government.

* European, British central banks cut half a point (George Frey)

The European Central Bank on Thursday cut its main interest rate by a half percentage point to 1.5 percent, dropping the cost of borrowing in the 16 countries that use the euro to a new record low amid grim economic news.The Frankfurt-based bank joined the Bank of England, which also cut its rates by a half percentage point, to a new low of 0.5 percent, and announced measures to go furth…

* Headlines :: RE: Chavez won’t let Americans starve his people! (Wisconsin State Journal)

Venezuelan President Hugo Chavez has ordered the expropriation of a rice mill, amid a battle with food companies over price regulation.

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Interesting Inflation News Links (February 26, 2009)

* Pro-Con: Was Barack Obama effective in his speech to Congress? NO (Kansas City Star)

* Letters 02/26/09 (Kansas City Star)

* Commission Urges Taxing Drivers More (Christopher Conkey, Wall Street Journal)

* Obama would spend more make college affordable

* Taking advantage of collapse, students head to Iceland (The Brown Daily Herald)

* Cutting off your arm to feed your face (Daily Camera)

* China Central Bank Seeks Higher Consumption (Wall Street Journal)

* Medicare Spending Has Wide Regional Disparities, Study Finds (Catherine Arnst, BusinessWeek)

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