Inflation is back? Where did it go?

Posted on April 10, 2008 | 2 Comments

The Wall Street Journal reports:

Inflation is back.

I wasn’t aware it had ever left.

UPDATE: Apparently, I am not alone.

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2 Responses to Inflation is back? Where did it go?

  1. jk | April 14, 2008 at 12:50 pm | Reply

    Fair point. If you divide your inflation fears by three (to approximate mine), the curve looks pretty modest until the last few quarters.

    I am curious what you think of today’s WSJ guest commentary:
    http://online.wsj.com/article/SB120813349057411671.html?mod=opinion_main_commentaries

    John Makin of the AEI suggests that inflating our way out of the housing crisis is the “least worst” option.

  2. Mr. Ilarijs | April 15, 2008 at 7:06 pm | Reply

    it’s everywhere…

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