Inflation rate up to January 2008 was located about 1.14 , the highest recorded in the last year, according to the government.

The loose monetary policies of the early 1990s pushed inflation to hyperinflationary levels.

Asia s Inflation Trap

The Failure of Inflation Targeting

During the low inflation era, which dates from the early 1990 s, developed country annual inflation rates averaged 2.4 . Central bank inflation targets are now normally set at 2 .

The Exaggerated Death of Inflation

Rethinking Inflation Targeting

f Inflation at the end of the period.

The Inflation Puzzle

The Bogey of Inflation

(d) Inflation and other cost adjustments.

And core inflation measures show no sign of accelerating inflation either.

In Vietnam, it is even higher and is expected to approach 18.2 this year, and in India it is 5.8 . By contrast, US inflation stands at 3 .

Faced with high inflation, Thatcher backed a monetarist approach that supported high interest rates and succeeded in sharply reducing inflation.

The 4 Non Solution

An Inflation Reality Check

Inflation Comes to China

Inflation is Now the Lesser Evil

Inflation or Deflation?

Is Inflation Returning?

The Ghost of Inflation Future

Inflation is under control.

Effects of changes in rates of exchange and inflation

Effect of changes in rates of exchange and inflation

Effects of changes in rates of exchange and inflation

Yet headline inflation is soaring, and, not surprisingly, gets the headlines.

And gold is following the fall in actual and expected inflation.

During the low inflation era, which dates from the early 1990 s, developed country annual inflation rates averaged 2.4 .

By contrast, inflation hawks argue that inflation must be attacked preemptively. While most central banks are inflation hawks, this stance is a matter of religion, not economic science.

So did inflation targeting the excessive focus on inflation had diverted attention from the more fundamental question of financial stability.

That expected inflation rate is consistent with the difference in interest rates between ordinary US government bonds and Treasury Inflation Protected Securities.

Beyond Inflation Targets

Forget Inflation

Is Inflation the Answer?

When Inflation Doves Cry

Even inflation can be very hard to measure precisely.

Inflation was at 2.5 in 2007.

Inflation in these countries is, for the most part, imported .

Moreover, the US government provides a very good inflation hedge in the form of Treasury Inflation Protected Securities (TIPS).

In other words, the low inflation era will become the lower inflation era.

Policies that ignore the level of government debt lead to the currency s collapse, depression (due to the resulting disruption of the sectoral division of labor), and high inflation perhaps hyperinflation.

China s Inflation Muddle

Farewell to Inflation Targeting?

Inflation Is Still the Lesser Evil

Everyone expects some inflation.