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.
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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