Tags » Stagflation

This year, cash-strapped Russians will spend half their money on food alone

A collapsing currency, shrinking economy, and rampant inflation make a bitter combination for ordinary Russians. What makes it even more unpalatable is what’s happening at the grocery store… 279 more words

G-20 meeting where the G doesn't stand for growth

As G-20 Finance Ministers meet in  Turkey this week to coordinate a response to deflation and stagflation across the globe, many are looking at the US with a leery eye. 194 more words

Economy

Im-Politic: Elizabeth Drew Remains the Consummate Insiders' Champion

You don’t have to be thrilled with Tea Party Republicans to recognize that Elizabeth Drew’s genteelly sneering new article on the faction and its role in American politics these days superbly illustrates many of the biggest problems of the nation’s public life and especially of the Mainstream Media that cover it. 1,144 more words

Im-Politic

Russia can't figure out how to fix its ailing economy

The ruble has been sliding and inflation is running in the double digits. If Russia’s central bank was going to do anything at its regularly scheduled meeting today, analysts figured it might consider hiking interest rates further. 388 more words

Inflation - What it has for you??????

Inflation : Financial experts relates inflation to Gross Domestic Product, and measure it by Consumer Price index indicator which indicates the situation of country’s economy, cost, money etc… 600 more words

Finance

StagFlation

I see stagflation when the Fed unwinds its balance sheet. See my earlier post for numbers. Either the Fed has to sell the bonds its holds back to the public or monetize the debt and pay it back to the treasury. 27 more words

Russia raises interest rate to 17%

In the face of Western sanctions over the crisis in Ukraine and plumeting oil prices, the bank of Russia announced a stunning increase in the interest to 17% Monday night. 210 more words