Inflation is taking up the poverty line, and poverty is not just economic but defined by way of health and education.
We are a people trying not only to solve the problems of the present: unemployment, inflation... but we are attempting on a larger scale to fulfill the promise of America.
To be sure, faster growth in nominal labor compensation does not necessarily portend higher inflation.
Low and stable inflation in many countries is an important accomplishment that will continue to bring significant benefits.
After a long period in which the desired direction for inflation was always downward, the industrialized world's central banks must today try to avoid major changes in the inflation rate in either direction.
Since World War II, inflation - the apparently inexorable rise in the prices of goods and services - has been the bane of central bankers.
Slow growth and inflation have a tendency to accompany large deficits and increasing debt as a percentage of GDP.
Bernanke and company are trying to reflate the economy with almost stated objective of inflation at 2 percent and higher in order to provide some type of safety margin for a future recession. That's where they want to go.
Recent research suggests that New Deal programs may actually have had their primary impact on the economy by influencing consumer and business expectations of future growth and inflation.
Plutocrats were the chief beneficiaries of so-called neoliberalism and the suite of political changes it brought beginning in the late 1970s - deregulation, weaker protection for unions, the shareholder value movement, and the subsequent inflation of executive compensation.
