Political Book Summaries, Reviews and Opinions

Political Book Summaries, Reviews and Opinions

Low inflation; An economic sweet spot


WASHINGTON – Consumer prices have fallen more in the past year than in any 12-month period in nearly six decades — a huge break for shoppers but also a reminder that prices are being restrained by weak spending that’s likely to slow an economic recovery.

A lot of numbers in this one, but it’s a really interesting read. Essentially, fears of inflation are greatly over rated. We’re at 0% inflation, and 0% deflation, an economic sweet spot, if you would.

Mind you, it’s not all good news. No inflation is caused by no economic growth. So our toilet economy gas one bright side, low inflation.

Read the story.

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