inflation

(RPI) Congress ended the week by passing a continuing resolution keeping the government funded for one more week. This stopgap funding bill is designed to give Congress and the White House more time to negotiate a long-term spending bill. Passage of a long-term spending bill has been delayed over objections to Republican efforts to preserve Obamcare’s key features but give states a limited ability to opt out of some Obamacare mandates.

Interventionism creates new dislocations that seem to cry out for further interventions, which don't actually solve the problem. Free markets make corrections in real time, which can be painful in the short term, but most beneficial in the long term.

"No doubt, those on the paleo diet would be stunned to know “the average dollar amount per year that all U.S. households spent on ice cream was $54.04, while the average amount on bacon was $39.07,” claims the department’s post."

This guide, concocted by statisticians, is supposed to stand in for the diverse tastes of 325 million people, who buy goods from the 3.6 million retail establishments that are scattered all over the country?

Booth’s story succeeds insofar as she provides nice tidbits of information throughout, but it provides little helpful economic analysis and frequently makes grand, unproven statements. Contrary to Booth's assertions, the Fed’s existence will never add to the economy, but it may sometimes bring damage to it.

Russia recorded only a 0.1% growth in prices in March, bringing the annualised rate of inflation at the start of April down to 4.3%.
This is far better than even the most optimistic forecasts of just a few weeks ago.  Last year the Central Bank was forecasting that inflation would be running at an annualised rate by the end of April.

Source : Ecorama, Olivier Berruyer, 04/04/2017
 
C’est un argument de campagne qui revient en boucle chez Marine Le Pen : beaucoup de produits de notre quotidien auraient vu leur prix monter au moment du passage à l’euro. Info ou intox ? Que disent réellement les statistiques officielles ? Le point de vue d’Olivier Berruyer, auteur du blog les-crises.fr. Ecorama du 4 avril 2017, présenté par David Jacquot sur Boursorama.com.

A few weeks after the Russian Central Bank indicated that it was unlikely to cut its key rate before mid year, a cluster of good economic news have caused it to shave its key rate down today from 10% to 9.75%.
To be clear, this is a token cut that will not by itself make any difference to the state of economy.  Its importance is that it clearly signals that more cuts are on the way.  That may in itself act as a spur to growth, consolidating the recovery.

(RPI) History shows that, if individuals have the freedom to choose what to use as money, they will likely opt for gold or silver.

Le-Message.org, en partenariat avec le Cercle des Volontaires, a pu interviewer Etienne Chouard et lui poser des questions que les internautes avaient préparées à son intention… Voici deux heures de discussion à bâtons rompus !