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Where is the Inflation?

IMG Auteur
Robert Blumen
24hgold
Published : February 09th, 2004
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Category : Gold and Silver

 

 

 

 

As Mike Runge noted earlier, measured inflation is quite low. One factor contributing to this is that most of the inflation, at least during the 90s, was showing up in financial assets. Unlike consumer price inflation, this financial asset price inflation, otherwise known as a "bull market" is welcomed by most if not all. However, inflation will not stay contained in financial assets forever. As Jim Puplava writes, it is starting to leak out into consumer goods and commodities. Most of the public has no idea why, instead blaming inflation on labor unions or greedy business people. [read Puplava's commentary]. 

 

 

Robert Blumen

 

 

Robert Blumen is an independent software developer based in San Francisco, California

 

 

 

 

 

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