PRESIDENTIAL STATEMENT SIGNING THE SOCIAL SECURITY ACT. AUGUST 14,1935
…law will flatten out the peaks and valleys of deflation and of inflation. It is, in short, a law that will take care of human needs and at the same…
…law will flatten out the peaks and valleys of deflation and of inflation. It is, in short, a law that will take care of human needs and at the same…
…with the exception of those two measures (real personal income and real manufacturing and trade sales) which take into account the big deflation in producer prices since June, and the…
…stabilize at current YoY levels for several more months before declinining, and CPI ex-shelter, which actually was slightly in *deflation* since last June as of the March report, will continue…
…if the Court overruled Congress and insisted that contracts denominated in gold had to be repaid in gold, despite the deflation of the great depression. A lesson for our times….
…been matched by any downturn in consumers’ purchases of goods. Almost certainly because of the steep deflation in producer prices and deceleration of consumer prices which, as shown in the…
…economically important new home sales continue their recent rebound, or whether the increase in mortgage rates back above 7%, and perhaps the waning of commodity deflation does some further damage….
…deflation and demographic decline—in the long term and a “Lehman moment” in the more immediate future, as defaults cascade through the shadow-banking system. It is a disorientating state of affairs….
…demand further rate hikes, which won’t even have their full effect for another year. Consumer inflation is about 3.0% YoY. The economy has experienced Deflation since last June, Angry Bear….
…the next 6 to 12 months. Consumer inflation is about 3.0% YoY. The economy has experienced Deflation since last June, Angry Bear, NewDealdemocrat August consumer inflation confirms “Goldilocks” “soft landing”…
…led to deflation. That economic strength is standing behind President Joe Biden in San Francisco, where he traveled yesterday for a summit of the 21 member economies of the Asia-Pacific…