AUTHOR ARCHIVES

Zachary Karabell

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Inflation Hawks Rage Against Their Own Hallucinations

January 22, 2013 Earlier this week the Bureau of Labor Statistics released its monthly inflation report. The numbers came in at 1.7 percent a year for all items. Excluding the ever-volatile food and energy, it was 1.9 percent. That's about as low as inflation has been in the last 50 years. Only 1986 ...