Annie
Diamond Member
- Nov 22, 2003
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It would help if you knew what the hell you're talking about. Stagflation refers to a period in which both inflation and unemployment are increase. Where is the inflation right now? O yeah... nonexistent.
Check inflation rate with costs for energy and food counted in. The government may dismiss because of 'volatility', Yet the consumer pays for them:
News Headlines
Jobless Claims, Inflation Jump as Economy Wobbles
ECONOMY, JOBLESS CLAIMS, EMPLOYMENT, UNEMPLOYMENT, LABOR DEPARTMENT
Reuters
| 18 Feb 2010 | 08:39 AM ET
The number of U.S. workers filing new applications for unemployment insurance unexpectedly surged last week, while producer prices increased sharply in January, raising potential hurdles for the economic recovery.
Initial claims for state unemployment benefits increased 31,000 to 473,000, the Labor Department said on Thursday. That compared to market expectations for 430,000.
Another report from the department showed prices paid at the farm and factory gate rose a faster than expected 1.4 percent from December after a 0.4 percent gain in December, as higher gasoline prices and unusually cold temperatures helped boost energy costs.
"When you have PPI moving up and still no progress in the jobs situation, that doesn't bode well for continued improvement in equity prices," said Alan Lancz, president at Alan B. Lancz & Associates in Toledo, Ohio.
...
1.4 percent? Yeah, it is really clear that you have no clue what you're talking about. Do you know what the normal inflation rate is in a healthy economy? 2.0 percent.
And what direction is it moving in? You should be concerned.