America's Economic Future – A Discussion By Ted Kavadas
My discussion concerning the possibility of U.S. hyperinflation can be found on the recently posted “The Possibility Of Hyperinflation Occurring In The United States” page. This page discusses the current high level of U.S. inflation, factors that influence the level of inflation, and the possibility of hyperinflation occurring. The effects that a hyperinflation and accompanying …
A few days ago (February 8, 2022) I wrote a post titled “The Belief That Current Inflation Levels Will Subside.” That post discussed various reasons that support the belief that the current high level of inflation will be transitory, i.e. inflation will subside over the next few months at which point it will then stabilize. …
One of the foremost economic issues facing the United States, as well as other countries, is whether the current outsized level of inflation will subside. In other words, is the current high level of inflation transitory? For reference, here is a long-term chart of the Core Personal Consumption Expenditures Index, which is often said to …
My thought on the matter is that the overall topic of inflation and its effects is a complex one. Adding to the complexity is the definition of inflation. Most people define inflation in terms of CPI, but there are many different ways of defining the concept. On this blog, to avoid confusion, I try to …
I am finding “The Billion Prices Project” to be valuable. From the homepage, “The Billion Prices Project is an academic initiative that collects prices from hundreds of online retailers around the world on a daily basis to conduct economic research.” Two of the most prominent benefits I see from the data include that data is …
“And long before this recession hit — for a decade — middle-class families had already been expensing — experiencing a sense of declining economic security. Their paychecks were flat-lining even though the cost of everything from groceries to college educations to health care were all going up.” President Obama, during an April 2, 2010 speech …
The strong price action of gold lately has been interesting. As seen in the two-year daily price chart below, the $1000 level has been a pivotal area: Chart Courtesy of StockCharts.com For a variety of reasons I am closely watching whether this $1000 price level will be surpassed. I am under the impression, due to …
I recently came across an interesting chart titled “Relationship Of Inflation and Price/Earnings Ratios (1900-2008).” It is from Crestmont Research and can be found at this link: http://www.crestmontresearch.com/pdfs/Stock%20Inflation%20&%20PE.pdf It shows the effect of inflation and deflation (as defined by the CPI) on the P/E Ratio. I think that it is worth looking at for a variety …