What Inflation?

Of Two Minds – You want inflation? Here’s how to get it.

Associated Content – Food, oil and the government’s printing presses to drive prices skyward

Reuters – Consumer prices, excluding volatile food and energy costs, rose at the quickest pace in 15 months in January, suggesting a long period of slowing inflation had run its course.

Yahoo Finance - Shoes, clothes, tires, plastics and other products all cost more at the wholesale level last month, putting pressure on businesses to pass the increases along to their customers. The hikes also give ammunition to critics who fear that the Federal Reserve’s bold steps to strengthen the economy have started to feed inflation and need to be reined in. Those critics include some Fed officials.

Yahoo Finance – Kraft Foods Inc., like many of its peers, is feeling some pricing pressure. The company reported Thursday that price increases it made to cope with higher ingredient costs are not going to be enough to sustain its profitability and it plans further hikes this year.

Forbes – America, poised for a hyperinflationary event?

Daily Finance – Why global food price inflation matters

Zero Hedge – A recently released report by the World Bank’s Food Price Watch confirms that rising agricultural products are sharply pushing up global food prices in lower-income nations (see “World food price uncertainty presents social risks,” in AsiaNews, 4 February 2011), especially among the poorest (where the poverty line is defined as US$ 1.25 per person per day).

Zero Hedge – Another look at inflation: cotton up 44% ytd

Gonzalo Lira – Inflation, hyperinflation & real estate

3 Responses to “What Inflation?”

  1. Crusader Says:

    OH GOD NO – not Kraft Dinner increasing in price.

    I will wait for the next sale and buy it all and then sell it to students in your area for a modest 50% market up.

  2. The Mayor Says:

    Wait until Ramen noodles spike in price, I’ll be stupid rich.

  3. Steynian 439 « Free Canuckistan! Says:

    [...] The thin red line; Faces Found In Food Week; The Top 10 Financial Links Of The Day 1; Filed under: Financial Meltdown; The Hurt Locker is an excellent movie; Your MENSA Teaser; Get up and out of bed, Happy Worker. [...]

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