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Measuring Inflation, Celebrating Job Creation, and Watching Chinese Debt
By Advisor Perspectives
- Why Is Inflation So Low?
- The Incredible American Job Machine
- China’s Bad Loans Are Getting Worse
According to Oscar Wilde, cynics are people who know the price of everything and the value of nothing. On a related note, I am beginning to suspect economists are people who know nothing about prices. Trends in the price level have confounded analysts and central bankers for a few years now, making it difficult to set economic policy.
Read more at Advisor Perspectives.
Photo: Jonathan Kos-Read