I'm continually told that the US economy is reflating. So where is it?
According to research from the Cleveland Fed, the Median CPI provides a better signal of the inflation trend than either the all-items CPI or the CPI excluding food and energy. According to newer research done at the Cleveland Fed, the Median CPI is even better at PCE inflation in the near and longer term than the core PCE.
Source Data:
St. Louis Fed: Median CPI
We need someone to incite a reflation.
ReplyDeleteIf you don't reflate like hell you're not going to have a country anymore?
ReplyDeleteWe won this reflation, and we won it by a landslide.
ReplyDeleteWe're going to walk down to the Capitol, and cheer on our brave reflators.
They've put up fence and left 5,000 National Guard troops deployed there. Possibly they're worried about Mr Slippery's (Bronx?) cheering.
ReplyDeleteCheers Insurrection
ReplyDeleteSometimes you want to go
Where everybody knows your name
And they're always glad you came
You want to be where you can see
Our troubles are all the same
You want to be where everybody knows your name
Or at the very least, can figure out your name from the surveillance videos. *cringe*