Investors Scale Back Inflation Bets, Signaling Doubts About Growth

Bets on a pickup in inflation are falling out of favor, underscoring investors’ skepticism that the U.S. economy will be able to turn stronger after a soft start to the year.
WSJ.com: US Business

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That Big Mac and Coke Now Comes With a Side Order of Inflation

From paint to air tickets to handbags, the prices of consumer items are going up as industries pass along higher costs. A long period of low inflation appears to be over.
WSJ.com: US Business

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ECB’s Inaction Echoes Global Caution Over Weak Inflation

ECB policy makers haven’t yet discussed the future of their bond-purchase program after its tentatively scheduled end in December, but will do so in the fall, ECB President Mario Draghi said.
WSJ.com: US Business

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Where Keynes Went Wrong: And Why World Governments Keep Creating Inflation, Bubbles, and Busts

Where Keynes Went Wrong: And Why World Governments Keep Creating Inflation, Bubbles, and Busts


In responding to the financial crash of 2008, both the Bush Administration and the Obama Administration have relied on prescriptions developed by John Maynard Keynes, the most important economist since Marx. But should we be relying on Keynes? What did Keynes actually say? Did he make his case? Hunter Lewis concludes that he did not. If Keynes was wrong then so are the economic policies of virtually all world governments today.
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