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Inflation at 7%+
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Ranchhand
Posted 6/23/2011 09:58 (#1831801)
Subject: Inflation at 7%+


West KY, Miss River County

"just a few months ago the Federal Open Market Committee meeting minutes had memorialized a quote about how difficult it was to understand the mechanisms of inflation in real time. Maybe this little MIT chart made things just a little too easy for the hoi polloi to understand inflation, while the FOMC members couldn’t. "

http://www.marketwatch.com/story/billion-prices-project-disappears-mysteriously-2011-04-25

Sorry for some reason my HTML links arent working. couldn't link the chart.



Edited by Ranchhand 6/23/2011 10:03
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