Inflation
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CBS: More Food Stamps Allotments Needed to Match Food Inflation
Food Inflation is hitting everyone - even if don't have to pay for food. According to the July 2 "CBS Evening News," part of its "The Other America" series - a title strangely similar to former ... Full Article At Newsbusters
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Have You Been Wondering Why High Commodity Prices Haven’t Created a Wage-Price Spiral?
I’ve been writing here about high Inflation for nearly a year and a half. I think the Federal Reserve has been running an extremely accommodative monetary policy for quite a long time, much longer than the mainstream press has been screaming about... Full Article At Redstate
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The Jobs Report
Today we learned that in June, our Economy lost roughly 62,000 jobs according to the Bureau of Labor Statistics. Along with this, we learned that even more jobs were lost in May than initially thought. The ... Full Article At The Moderate Voice
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Paulson, Darling Warn on Economy
Paulson ended a four-day European trip, joining with U.K. Finance Minister Alistair Darling to warn that the near-term economic outlook remains difficult and the global Inflation threat is serious.... Full Article At Wall Street Journal: Politics and Policy
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The Zimbabwe Paper Trade
Tyler Cowen on the Munich-based company that supplies Zimbabwe with bank notes being pressured to stop dealing with Mugabe: The deeper question is why any tyrannical government would find such a high Inflation rate to be seigniorage-maximizing. At some... Full Article At The Daily Dish
The World's 10 Happiest and Most Miserable Countries
A new study on global happiness puts Denmark at the top of the list. The study factored in economic grown, Democracy, and social tolerance. According to CNN, "researchers at the University of ... Full Article At HuffingtonPost
10 Reasons To Like $4 Gas
While Energy analysts may be confused over why oil prices continue to soar , TIME sets out to give you a little comfort with 10 things you can like about $4-a-gallon gas : 1. Globalized Jobs Return Home The world suddenly seems big again. A family of... Full Article At HuffingtonPost
Eight More Years of Rush Limbaugh
Man! Inflation's really getting out of control. Do you know how much it costs to buy a douchebag these days? 400 million dollars! [Rush] Limbaugh has extended his contract through 2016 -- $38 million per year with a "nine-figure signing bonus.... Full Article At Indecision 2008
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Global Inflation Rising At Double-Digit Pace
NEW YORK — There is nowhere to hide from Inflation. Prices in one in four countries, many of them in emerging markets, are accelerating at a double-digit pace, which puts them at least two and a half times the 4 percent annual U.S. headline ... Full Article At HuffingtonPost
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Painful Nonsense on Oil and the Dollar at Market Place Radio
Let's say it another 200 billion times, the fact that oil is priced in dollars makes no difference whatsoever in terms of the price that people in the U.S. or anywhere else pay for oil. When the dollar falls, the price of oil goes up in dollars, the price of oil does not change measured in euros... Full Article At The American Prospect - Beat the Press
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Mongolia election clashes bring emergency rule
ULAN BATOR (Reuters) - Mongolian President Nambariin Enkhbayar has declared a state of emergency for four days, after Mongolians alleging Election fraud clashed with police and set fire to the headquarters of the ruling party, state television said on... Full Article At Reuters - Politics
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BIS: Economy Nears 'Tipping Point'
The global Economy may be close to a "tipping point" that could see it enter a slowdown so severe that it transforms the current period of rising Inflation into a period of falling prices, the Bank for... Full Article At Wall Street Journal: Politics and Policy
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Euro-Zone Inflation Hits Record 4%
Annual Inflation in the euro zone reached a record 4% in June, the EU statistics agency said.... Full Article At Wall Street Journal: Politics and Policy
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G8 to tackle inflation, but concrete action elusive (Reuters)
Reuters - G8 leaders aim to present a united front against global Inflation, driven by soaring oil and food prices, at a summit in Japan next week, but solving the problem requires more than just a strong message from rich nations.... Full Article At Yahoo! News - Politics
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G-8 leaders face ominous economic woes this year (AP)
AP - Between surging oil prices, food Inflation and a credit crunch that's depressed global growth, leaders from the Group of Eight economic powers face the gravest combination of economic woes in at least a decade when they gather next week.... Full Article At Yahoo! News - Politics
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G-8 leaders face ominous economic woes this year
Between surging oil prices, food Inflation and a credit crunch that's depressed global growth, leaders from the Group of Eight economic powers face the gravest combination of economic woes in at least a decade when they gather next week.... Full Article At NY Newsday - National
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FTL2008-07-04
Fireworks Arrest / The Desire to Control / Fiat and Inflation / Voluntary Socialist? / Confusing Terminology / Youtube vs Viacom / Raising Mature Young Adults / Independence Day Discussion / Glenn... Full Article At EveryZing - 2008 Presidential Election
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Higher European Interest Rates Lower the Dollar -- Don't European Leaders Know This?
Reuters did not think it was worth commenting when the Jose Manuel Barroso, the European Commission President, both complained about the weak dollar and defended the rise in the interest rates by the European Central Bank. This is kind of bizarre. Higher interest rates presumably were intended to fight... Full Article At The American Prospect - Beat the Press
Argentina’s Leadership Crisis
Three waves of agricultural strikes and surging Inflation threaten to make a Lame Duck of Argentina's new president.... Full Article At Council on Foreign Relations
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ISM Manufacturing Goes into Expansion Mode; AP Changes Subject
Earlier this week, to avoid "undue" emphasis, on how much the situation has been improving in Iraq, the press, in search of bad news, switched its focus to Afghanistan (examples here , here , and here ). Kyle Drennen and Warner Todd Huston at NewsBusters noted this on Tuesday. Similarly, Associated... Full Article At Newsbusters