The CPI and PPI both increased in February, for the second month in a row.
That may break a pattern that, prior to February, was all too similar to 1929-30. The chart below displays the (seasonally unadjusted) CPI for 2008-9 and 1929-30.
That may break a pattern that, prior to February, was all too similar to 1929-30. The chart below displays the (seasonally unadjusted) CPI for 2008-9 and 1929-30.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiF69omX1AlTfpTe938nI_lrgr14flpfpfDxezRcE0K-1Mh-_SCOQppmb0yDkt-fQBFPi8c_lX6yreXs6mA4R2f3SvSeDJpuVR9eb4n1aVQ5HjVAIpDmaGM8j8pCGGO7SZh7ets11Y20HM/s400/cpi1929feb.jpg)
1 comment:
Since you posted, we now have quantitative easing... Any shot the Fed is seeing numbers we aren't? Or is Bernanke overshooting?
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