Financial Beacon

Inflation is Rearing Its Head Once Again

The Financial Beacon, Doug Carey

Normally after a massive credit bust like we saw in 2008 and 2009, we see inflation rates decline dramatically. This held true to form and we even had several months of negative inflation as measured by the Consumer Price Index.

 

In 2009, at the depths of the recession, the CPI was running at -2%, which means average prices for consumers were falling by 2% per year.

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