May 04, 2009 -
Inflation Nation
By ALLAN H. MELTZER (The New York Times)
IN the 1970s, with inflation rising, I often described the Federal Reserve as knowing only two speeds: too fast and too slow. At the time, the Fed’s idea was to combat recession by promoting expansion, printing money and making it easier for businesses and households to borrow — and worry only later about the inflation that resulted.
- 1 Comment
Jan 29, 2009 -
Want Inflation Now? [Andrew Stuttaford]
For all the good that stimulus packages may or may not do, one of the key features of our current predicament is that the overall level of borrowing, particularly of consumers (and, ahem, governments) remains too high. Crispin Odey, one of the more successful (and more prescient) U.K.
- 27 Comments
Oct 11, 2008 -
I did some graphs for work on the Consumer Price Index (CPI) and decided to share some of the data. Thinking inflation will rise with the coming recession? Note the changes during our last "recession" of 2001-2002.
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Jan 01, 2009 -
Zimbabwe inflation poses threat to all, including the Government
Monday, 29th December 2008. 8:43am
By: Obert Matahwa.
Harare: As millions of young and energetic Zimbabweans run away and cross the border illegally into neighbouring countries, especially South Africa, Botswana Mozambique and Zambia, the aged are mostly hard hit, especially pensioners who savings have been eroded by the world’s highest inflation said to be over 300 million per cent and predicted to have breached the one billion percentage barrier by the private sector and the International Monetary Fund or the IMF.
- 1 Comment
May 12, 2007 -
The inflatable Handbag
I just found this amusing handbag, it is inflatable and can be bought for $65us.Of course you can use it at the beach, I suppose you could even use it in the swimming pool or even the bath.
Would you use a blow up inflatable handbag?
Where would you use it?
- 2 Comments
Sep 29, 2007 -
Honestly, I love this song and now I found an excuse to post the video :-): Sophia Myles features in it (lovely as usual)...Anyway, this is a video from 2002 for a song called "Inflatable" by Bush...I hope you'll enjoy it!
- 1 Comment
Nov 19, 2009 -
After decades of political instability, poverty and uncertanty has Brazil finally hit her stride? We all know that Brazilians know how to party and play (football) but can they roll with the G8 and give them a run for their money? In 2001 Goldmen Sachs placed Brazil with Russia, India and China as the economies that would come to dominate the world.
Some may find it queer to place a country with a growth rate as skimpy as its swim suits, an economic fragility that consistantly suffered with any financial crisis, chronic political instability and a history of squandering economic potential could have so effectively put those wose behind them to pave the way for such a prosperous future. China is said to lead the world out of our currant economic down turn with Brazil hot on their heals. Brazil did not avoid the down turn but was among the last in and the first out. Their economy is growing at a rate of 5% annualy and will pick up in the short term as new deep sea oil fields come online. Brazil also enjoys a food and mineral trade with many Asian countries.
Sometime after 2014 Brazil is scheduled to become the worlds 5th largest economy saying to Great Britan and France uhm excuse me I beleive that's my seat. In many ways Brazil is said to outclass the other up and comers (Chine, India and Russia). Unlike China and Russia it is a democracy. Unlike India it has no insurgent, ethnic, religious hostility or unfriendly neighbors. Unlike Russia it exports more than oil and arms and treats it's investors with respect. Is that code for arss kissing?
- 4 Comments
Aug 12, 2009 -
NEWS from CPSC
U.S. Consumer Product Safety Commission
Office of Information and Public Affairs
Washington, DC 20207
FOR IMMEDIATE RELEASE
July 2, 2009
Release #09-261
Firm's Recall Hotline: (866) 807-3998
CPSC Recall Hotline: (800) 638-2772
CPSC Media Contact: (301) 504-7908
Aqua-Leisure Industries Recalls Inflatable Baby Floats Due to Drowning Hazard
WASHINGTON, D.C. - The U.S.
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Nov 16, 2009 -
This is from the Wall Street Journal
Link: http://online.wsj.com/article/SB10001424052748703792304574504020025055040.html?mod=djemEditorialPage
As usual, the most dangerous parts of ObamaCare aren't receiving the scrutiny they deserve—and one of the least examined is a new commission to tell Congress how to control health spending. Democrats are quietly attempting to impose a "global budget" on Medicare, with radical implications for U.S. medicine.
- 13 Comments
Mar 18, 2009 -
Fed to pump another $1 trillion into U.S. economy
By Edmund L. Andrews (International Herald Tribune)
WASHINGTON: Saying that the recession continues to deepen, the U.S.
- 3 Comments