General Mills expects increased supply chain costs
General Mills (GIS) announced earnings this morning and reported that it expects supply chain costs…
March 2011
Dr. Duru Inflation cited as major factor in historic decline in UK standard of living
The Institute for Fiscal Studies (IFS) released a study on March 21 noting that the…
How rising food prices squeeze the poor
While Federal Reserve Chairman Ben Bernanke comfortably dismisses rising food prices as a transient phenomenon…
The chained consumer price index returns to pre-recession highs
Thanks to a CNBC article titled “US Cost of Living Hits Record, Passing Pre-Crisis High”…
Swiss National Bank increases near-term inflation forecast
The Swiss National Bank (SNB) announced its latest monetary policy today with the very provocative…
Dartmouth President justifies price hikes claiming education still worth twice the tuition
This week, Dartmouth’s President Jim Yong Kim defended recent tuition hikes in front of an…
U.S. edges closer to using its Strategic Petroleum Reserve
News services are reporting that the U.S. is edging closer to tapping its Strategic Petroleum…
Battling inflation is a top priority in 2011 for China
In “China says cannot lower guard against inflation“, Reuters reports that “China’s Premier Wen Jiabao…
Hansen argues the CPI should include food prices
Steve Hansen at “Global Economic Intersection” presents a compelling case arguing that food prices should…
Greenspan knows inflation?
Suddenly, former Federal Reserve chairman Alan Greenspan knows inflation. In fact, he now sees inflation…