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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: ild who wrote (28661)3/15/2005 3:14:39 PM
From: CalculatedRisk  Read Replies (2) of 110194
 
I think inflation is a little higher than the stated BLS rate (because of the rent equivalency calculation), but not much higher. I may be alone on this thread with that thought.

Looking forward, I think the price of energy is starting to feed into inflation and we will see a steady increase in prices with one exception: wages. Real wages have been flat for four years (negative if you assume higher inflation). I think real wages will be negative this year.

What do you think on inflation?
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