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Stagflation Ahead (very soon)
2009-06-13 18:54:00 Get ready for stagflation: There have also been multiple warnings lately of $250 oil ahead, and rising commodity prices (worldwide). I hope everyone realizes that this is still musical chairs. They’re just arranging the deck chairs again before the music stops playing. Related: Lawmaker adding ‘doomsday’ to budget planning Bridgeway fears ?doomsday budget,? loss of programs If you’re going to ...
Stagflation Ahead
2008-10-14 03:33:00 Things to watch out for (now happening, previously predicted here): Nationalization (fascism) of troubled institutions; Stagflation as huge sums of money are injected again and again into the system; Trillions more useless dollars lost in the days, weeks and months ahead; Massive levels of homelessness; Serious signs of collapse accelerating; Severe shortages of critical resources; Increased levels of police-state surveillance and targeting ...
Today?s blog is brought to you by the number 7 and the word ?Stagflation?
2008-05-21 16:50:00 OK, readers of a certain age will have been expecting the letter S, rather than the whole word, but Stagflation is one of those things that seems to have hit us hard. 7 is, of course, the number of members of the Bank of England’s MPC who voted to keep interest rates at 5.0% this month. ...
Consumer Sentiment at Lowest Level Since Stagflation Era
2008-05-19 16:48:00 Mirroring the stagflation of the early 1980s, consumer sentiment hit its lowest level since that time period this month as short-term inflation continues to ramp up. The Reuters/University of Michigan preliminary index of consumer sentiment dropped to 59.5 in May from 62.6 in April. The index is at its lowest level since June 1980. Consumer confidence was at 85.6 as recently as 2007. “The consumer is getting extremely grumpy,” Brian Bethune, director of financial economics at Global Insight Inc., who had forecast a decline in the confidence index to 59.6, told Bloomberg News. “The economy is flirting with a recession. The only thing keeping it out is this huge amount of pump-priming going on,” including aggressive interest-rate reductions by the U.S. Federal Reserve, the government’s stimulus package and deep discounting by retailers. Lower-income households are feeling the rising prices at the pump and grocery store most acutely, the survey showed, as su...
By: Jutia Group
Sowing the Seeds of Inflation and Dollar Degradation
2008-05-16 00:42:00 “The Federal Reserve as other central banks is obviously taking onto its balance sheet a lot of mortgages these days.” “Well, the creators of the Federal Reserve system would be rolling over in their graves if they knew the Federal Reserve is buying mortgages.” – Former Federal Reserve Chariman Paul Volcker Whether or not the creators ...SHARETHIS.addEntry({ title: "Sowing the Seeds of Inflation and Dollar Degradation", url: "http://www.ernharth.com/vi/200-8/05/15/sowing-the-seeds-of-inf-lation-and-dollar-degradation/"- });
In which JD was right about stagflation
2008-05-14 15:11:00 Has anyone read The Independent today – or even just seen the cover? I'm not known for my predictive powers but in a 'Word of the Day' post back in February I wrote:I think 'stagflation' is a word we'll be hearing more of in the next 12 monthsAnd this afternoon I spotted this:Tune in tomorrow for more glimpses of the future...
By: The Engine Room
3rd Down: More Bank Failures Anticipated
2008-05-11 20:01:00 Its always a small sidebar in these type of crisis: the banks too small for the big guys to care. Rather than being bailed out, they simply are absorbed at pennies on the dollar by the big boys whose hands are firmly in the till of the Fed. Only three banks have failed year to date, ...SHARETHIS.addEntry({ title: "3rd Down: More Bank Failures Anticipated", url: "http://www.ernharth.com/vi/200-8/05/11/3rd-down-more-bank-fail-ures-anticipated/" });
Bank Of Central Banks: Stagflation Risk For U.S. Economy
2008-04-29 22:32:00 Malcolm Knight, the general manager of the Bank for International Settlements, told Reuters? Brian Love last week that stagflation might occur in the United States, with weak economic growth lasting well into 2009, if not longer. According to Investopedia, stagflation is ?a condition of slow economic growth and relatively high unemployment- a time of ...
By: Boom2Bust.com
Stagflation: Is It Now Obvious to Everyone?
2008-04-18 00:24:00 Stagflation is something I have talked about many times. In the past it had been warnings about its oncoming. Lately I have talked about its arrival. Now that we have seen plenty of data, can we all agree it is here already? It amazes me to see articles saying that inflation is retreating, even while oil, ...
Global Recession+Global Inflation=Global Stagflation
2008-04-12 03:51:00 Smart Buyers Collection is a collection of words of wisdom by various Singapore property watchers.By: AnonymousPosted: 12-04-2008In the big recession of the 70s, stagflation was also the key reason why it lasted till the early 80s.The IMF says it will be a GLOBAL recession. In case you don't understand what GLOBAL means, it refers to countries on an international basis and not just the US. Europe and Asia are going to be greatly affected; decoupled or not, we need to tighten our belts now to prepare for the next one to two years of recession and retrenchments. Commit to a $1m property with a big loan and you will find yourself in negative equity in less than six months. GE in the US is a belwether; this means investors look at it as the biggest indicator of the performance of the consumer market. The recession that we have today is a consumer-led recession i.e. it is a lack of confidence in the whole financial and economic system that we have. The triggers to the breakdown in consu...
Stagflation; What Is It?
2008-04-10 00:25:00 Daily Market Commentary for April 9, 2008 from Millennium-Traders.Com (http://www.millennium-traders.-com) Government officials are beginning to refer to the economic situation, the recession, as that of 'stagflation'. What is the meaning of stagflation? (Read More (http://www.millennium-traders.-com/news/newscommentary.aspx))- At the closing bell on the Stock Exchange, here is how the major world indices and major U.S. indices ended the session on the U.S. Markets: DOW (Dow Jones Industrial Average) loss of 49.83 points on the day to end the session at 12,527.26 NYSE (New York Stock Exchange) loss of 75.81 points to end the session at 9,074.82 NASDAQ loss of 26.64 points for a close at 2,322.12 S&P 500 loss of 11.05 points for a close at 1,354.49 FTSE All-World ex-U.S. loss of 1.21 points to close at 245.11 FTSE RAFI 1000 loss of 66.32 points to close at 5,467.22 BEL 20 loss of 18.91 points on the day to end the session at 3,838.49 CAC 40 loss of 37.72 points on the day to...
Stagflation may actually benefit the US
2008-04-02 06:48:00 Amidst all the gloomy news coming out from the US economy, the one silver lining has been the uptick that its exports have been demonstrating for the past few weeks. This is mainly attributable to the plunge in the dollar against most world currencies, rendering exports more competitive. Given the recency of this phenomenon, its ...
Your Money Backs More Bad Debt
2008-03-26 22:52:00 Regulators “are playing with fire,” said Allan Meltzer, a Fed historian and economics professor at Carnegie Mellon University in Pittsburgh. “With good luck, none of these liabilities will come due. We can’t expect that good luck, and we haven’t had it.” – Bloomberg (March 26, 2008) The reason you want solid collateral to secure a loan is ...
How Ugly? Great Depression Ugly!
2008-03-17 17:13:00 A list of articles worth perusing to grasp the depth of our problems: Fed takes boldest action since the Depression to rescue US mortgage industry Fears That Bear Stearns?s Downfall May Spread Another Source of Quick Cash Dries Up Jim Rogers Says Fed Support of Bear Stearns `Outrageous’: Video U.S. 3-month bill yield seen lowest in ...
The 'S' Word - Stagflation
2008-03-13 06:00:00 "For months experts have been whispering about the dreaded 'R' word - recession," notes Martin Hutchinson (ccount/click.php?id=1837), contributing editor to The Money Map Report (ccount/click.php?id=1837).The- advisor notes, "But recently an even more insidious term is being uttered - the 'S' word, stagflation." Here, he reviews several investments that will benefit from a stagflation environment."Speaking to the Senate Finance Committee recently, Bernanke said the United States isn't "anywhere near" the dangerous stagflation of the 1970s. Well, I hate to be contradictory, Ben, but we've pretty well got stagflation now."And in a few months time, that nasty combination of high unemployment and rising prices may seem a fond memory, since stagnation trumps recession any day of the week."Since last year, the benign effect of global outsourcing has begun to wear off. In both China and India, inflation is advancing at near-double-digit rates, and both the yuan and r...
Stagflation: Green Businesses Preserve more Green when the Going Gets Tough
2008-03-06 00:22:00 I, for one, don’t remember the stagflation of the 1970s. It was a time when prices were increasing at the gas pump and grocery store, and when the economy sputtered along with little or no...
By: Green Options
Inflation/stagflation: An historical view
2008-03-03 07:00:00 In Street Smart Report (ccount/click.php?id=1795), market historian and seasonal timing expert Sy Harding (ccount/click.php?id=1795) takes an in-depth look at the reasoning behind the Fed’s inflation and stagflation concerns.“Investors in their thirties and forties often don’t understand why the Federal Reserve sometimes becomes very worried about inflation. “Their experience has been that, sure, the price of most everything rises over the long-term. But so what? They now pay $30,000 for automobiles their parents paid $10,000 for, and their grandparents bought for $2,000. Homes that sold for $50,000 in a previous generation now sell for $250,000. “But their income has grown even faster, so their standard of living is significantly higher than it would have been fifty years ago. So what’s to worry about inflation?“They are right - as long as everything stays in proportion. Therefore the main goal of the Fed is to maintain a steadily growing e...
Bernanke says US not facing 1970s-style stagflation
2008-02-29 03:28:00 WASHINGTON - Federal Reserve Chairman Ben Bernanke said on Thursday the United States was not headed toward 1970s-style 'stagflation' but acknowledged inflation could complicate the central bank's... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Helicopter Ben Bernanke say the US is nowhere near stagflation. So, what d
2008-02-28 17:59:00 Feels like a period of consumables and services inflation combined with asset deflation. Bonds scream recession and deflation. Gold screams inflation. And the data read recession.But hey, what do I know. Ben Bernanke, like Alan Greenspan before him, are gods and intellectual giants that should not be doubted, who do whatever is best for the American people regardless of the impact on bankers, incumbent politicians and Wall Street.WASHINGTON - Federal Reserve Chairman Ben Bernanke told Congress Thursday that the nation is "not anywhere near" the dangerous stagflation situation that prevailed in the 1970s.With the economy slowing and inflation rising, fears have grown that the country could be headed for the dreaded twin evils of stagnant growth and rising prices known as "stagflation.""I don't anticipate stagflation," Bernanke told the Senate Banking Committee.
By: Housing PANIC
Worries grow for worse ’stagflation’
(AP)
2008-02-27 03:31:00 By JEANNINE AVERSA, AP Economics Writer ...
Prices and confidence data fuel stagflation fear
(FT.com)
2008-02-27 03:31:00 By Daniel Pimlott in New York ...
Stagflation to Hit U.S. Consumers
2008-02-27 01:53:00 Stagflation, the economic term for describing a period of inflation while facing slower economic growth, is currently worrying economists as the country is facing much higher consumer prices amidst the turmoil in the housing market. In the latest government report, wholesale prices rose nearly 7.4 percent last year. This is the biggest rise in inflation since 1981. The mix of inflation and slower economic growth is the worst the nation has seen in nearly three decades and has economists worried about the current state of the economy.
Stagflation makes the front pages
2008-02-21 17:30:00 It's as if the editors of the New York Times and the Wall Street Journal held a joint editorial meeting yesterday. They looked at the CPI numbers along with the Fed's growth forecast… and together concluded that 70s-style stagflation is staging a comeback and the story deserves front-page treatment — above the fold in ...
Word of the day: stagflation
2008-02-11 16:09:00 The American Dialect Society recently chose 'subprime' as their word of the year, and on a similar note I think 'stagflation' is a word we'll be hearing more of in the next 12 months.A portmanteau (blend) of 'stagnation' and 'inflation', as you might imagine it describes a situation when inflation is high but the economy is stagnant. The word has been around since the 1960s, and the phenomenon occurred throughout the world in the 1970s, but I'd never heard of it until recently.I particularly like it because it makes me think of those giant inflatable reindeer that people put outside their houses at Christmas – see picture.The Wikipedia page on stagflation is informative, but heavy reading if you're not really well up on macroeconomics.
By: The Engine Room
US-Hyperinflation vorweggenommen
2008-02-04 23:32:00 Je später der Abend, desto illustrer die redaktionellen Fehler in den Redaktionen der Nachrichtensender…. n-tv ist so freundlich und nimmt die (potenziellen) Folgen der derzeit in den USA einsetzenden gesteigerten Inflationsrate bei gleichzeitig stagnierendem Wirtschaftswachstum vorweg und weckt Erinnerungen an die Hyperinflation in der Weimarer Republik in den späten 20ern des letzten Jahrhunderts. Und da davon ...
Are you prepared for stagflation?
2008-02-04 15:43:00 A few days ago I heard the recession word used for the first time as in “we are now in a recession”. The real question is whether this is going to be a short one (like they usually are) or whether the double whammy of an inflated stockmarket followed by an inflated housing market followed ...
World Faces `Minor Replay' of 1970s Stagflation, Goodhart Says - Bloomb
2008-01-31 11:37:00 World Faces `Minor Replay' of 1970s Stagflation, Goodhart SaysBloomberg - 1 hour ago31 (Bloomberg) -- Central banks across the world face a ``minor replay'' of the stagflation of the 1970s as inflation picks up and economic growth slows, ...
Stagflation is Here
2008-01-25 02:15:00 by Rodrigue Tremblay War—after all, what is it that the people get? Why—widows, taxes, wooden legs and debt. - Samuel B. Pettengill "Armies, and debts, and taxes are the known instruments for bringing the many under the domination of the few. - James Madison, 4th U.S. President (April 20, 1795) "Let me issue and control a nation's currency and I care not who makes its laws". - Nathan Rothschild, 1791 Last summer, I observed that there was a "solvency crisis" underneath the ongoing subprime mortgage liquidity squeeze. Central banks can alleviate a "liquidity crisis", but they cannot solve a solvency crisis. Last year also, before the events, I warned that the U.S. was heading toward stagflation. This was due to three fundamental factors. First, the structural fiscal imbalances of the federal budget in a period of prosperity, as a result of the Bush-Cheney administration's continuous deficit spending linked to the Iraq and ...
Yikes! Its a Bear! History Provides Insight.
2008-01-22 16:47:00 NEW YORK ? Wall Street was expected to plunge at the opening of trading Tuesday, extending its huge losses from last week and taking more cues from heavy selling that has spread throughout the world. Indicators showed the Dow Jones industrial average was set to fall by more than 500 points when trading begins.Fears of ...
Energy prices up, house prices down -> Bank rates stay flat
2008-01-10 21:45:00 Viewpoint 1: The Central Bankers are going to be earning their money this year. Viewpoint 2: The economy may as well be run by Roly Mo from the Fimbles for all the difference the BoE’s going to be able to make this year. Yup - stagflation seems to be with us. Prices are going up, but consumption’s ...
Stagflation cometh, and the world economy has to cope - Daily Star - Lebano
2008-01-07 22:01:00 Stagflation cometh, and the world economy has to copeDaily Star - Lebanon, Lebanon - 4 hours agoBy Joseph E. Stiglitz The world economy has had several good years. Global growth has been strong, and the divide between the developing and developed world ...
Stagflation Is Cuting Into My Beer Budget - TheStreet.com
2008-01-03 15:05:00 Stagflation Is Cuting Into My Beer Budget - TheStreet.com - read more
By: Beer Glass Blog
Black Swans, Bell Curves and Stagflation
2007-12-19 07:37:00 This is not the promised article about the stupidity of black swans. This is an article about how we tend to focus our attention on the odd, rather than the mundane. I guess some talking head mentioned stagflation because the previous article on the subject received unusual attention. People are hitting the site searching for ... SHARETHIS.addEntry({ title: "Black Swans, Bell Curves and Stagflation", url: "http://thepoliticsofdebt.com/?-p=299" });
Head Of Group That Identifies Recessions Says 50% Probability
2007-12-18 18:07:00 Last Friday, the head of the nation?s leading nonprofit economic research organization told Bloomberg in an interview that the chance of a recession in the United States stood at about 50%. Martin Feldstein, a Harvard University economist and president/CEO of the NBER (the group responsible for dating U.S. economic cycles), said there may ?easily? be ...
By: Boom2Bust.com
Greenspan Warns of Stagflation, Fed Auction
2007-12-18 16:14:00 "The recent PPI data that showed a 3.2% (highest in 35 years) monthly increase in wholesale prices, and a 0.8% rise in the CPI, brings about a conundrum reminiscent of the so called double dip recession we saw in the early 1980s. Eerie similarities from that time period are popping up every day: record oil prices, a weak consumer, and a limping housing market, all lead to a higher likelihood of recession in 2008 than most economists are letting on - note the terrible accuracy of recession predictions in the past. The collective environme
Greenspan On Recession, Stagflation, And Rescuing Homeowners
2007-12-17 01:21:00 This morning, former Federal Reserve Chairman Alan Greenspan appeared on the ABC program ?This Week? and talked with host George Stephanopoulos about the risks of recession and stagflation, and what could be done, if anything, to prevent more homeowners from losing their residences. On the probability of an economic recession in the United States: Well, that the ...
By: Boom2Bust.com
Stagflation: This Time It Is Different
2007-11-19 01:36:00 I just uttered two of the worst things any economist would ever want to see. And they are together, for good measure. “This time is different” is the first answer you hear when an economist with conservative economic views warns the public about something out of whack in the economy. It happened in 1929 and ...
Stagflation: This Time It Is Different
2007-11-19 01:36:00 I just uttered two of the worst things any economist would ever want to see. And they are together, for good measure. “This time is different” is the first answer you hear when an economist with conservative economic views warns the public about something out of whack in the economy. It happened in 1929 and ...
Stagflation: This Time It Is Different
2007-11-19 01:36:00 I just uttered two of the worst things any economist would ever want to see. And they are together, for good measure. “This time is different” is the first answer you hear when an economist with conservative economic views warns the public about something out of whack in the economy. It happened in 1929 and it happened again in 2000. When the voices of reason warned that the bubbles may burst, those who “got it”, who understood the new economy, answered like a Greek chorus: “This time it is different“. I still remember conversations with friends during the summer of 2005 when I started to get worried about the housing bubble in South Florida, all of them disregarded my worries with unruffled arguments that sustained the dreaded conclusion. So it is not lightly that I dare utter these words. thebankruptcynewsdotcom For those who do not know what stagflation is or why you should care, there is only a simple explanation: imagine that you are out of...
The Window is Closing
2007-11-11 19:24:00 Our long–term readers know we have continually cautioned about serious economic consequences to come. Not because we?re ?doom and gloomers? ? but because we feel the best way to take advantage of the truth ? is to first acknowledge it. Our opinion has been that when these truths gain increasing acceptance ? the ...
Bernanke Forecasts Stagflation, Massive Brazilian Oil Find, The Greenback C
2007-11-09 19:52:00 by Addison Wiggin & Ian Mathias Bernanke predicts slower growth, increased inflation? Ron Paul delivers the stagflation smackdown Nasdaq and China cap off a week for the record books Brazil?s transformational oil find? our gurus weigh in on this 8 billion barrel bounty Ready for the greenback carry trade? Yen and franc set milestones versus the dollar Consumer confidence plummets, ...
?And You Can Kiss it Goodbye!?
2007-09-10 01:52:00 ?And you can kiss it Goodbye!? — Former Pittsburgh Pirates broadcaster, Bob Prince The legendary Bob Prince would utter that call, as Pittsburgh Pirates hitters of a bygone era would knock ?em out of the ballpark. Today, you can say the same thing about ...
The Garbage Man Cometh
2007-08-20 04:32:00 As we write, Asian indexes are rising on the Fed?s half percent cut in the discount rate, and pundits are touting the move as saving global markets. We say ? ?Please!? We also ask the simple question, ?What?s fundamentally really changed?? (Hint ? ?Nothing)! The sub-prime fiasco is far from resolved. ...
Stagflation? 'Prepare for a Bumpy Ride'
2006-12-09 13:28:01 “Fasten your seat belts; it will be a bumpy ride,” quips economic analyst David L. Smith. Though often controversial, his commentary is thorough and thought-provoking. Currently long equities, he sees a risk of stagfation. In his latest 29-page issue of his Cyclical Economic and Investment Forecasts, (http://www.smithspeaker.com) he discusses the propery strategy for such an environment..
Stagflation
2006-10-30 19:23:00 From wikipedia:Stagflation is a combination of the words stagnation and inflation, a term in macroeconomics used to describe a period of high price inflation combined with economic stagnation, unemployment, or economic recession characteristic. "Stag" refers to a sluggish economy with job shortages and little income growth, while “Flation” signifies rapidly rising prices.Stagflation is considered to be a problem, because most tools for directing the economy, that is fiscal policy and monetary policy trade off growth for inflation. Either they slow growth to reduce inflationary pressures, or they allow general increases in price to occur in order to generate more economic growth. Stagflation creates a policy bind where attempting to correct one problem creates another. The problem in monetary policy is particularly acute, because effects of rising inflation and unemployment are especially hard for the central bank to counteract. The bank has one of two choices to make, each with ... |



