Tag Archives: Core CPI

Our Favorite Chart: Core CPI

“Inflation is taxation without legislation” – Milton Friedman How’s that deflation meme working for you? Core CPI’s Cup and Handle Pattern  Back in the day, I would be buying that chart hand over fist if it were a stock, bond, … Continue reading

Posted in Inflation/Deflation, Uncategorized | Tagged | 3 Comments

Deflation? Not Even Close

Core CPI consistently prints around 2 percent, the average over the past eight years, with the latest reading of the June core rate coming in at 2.1 percent.  Sure, we can find another index to show lower or higher rates … Continue reading

Posted in Inflation/Deflation, Uncategorized | Tagged , | 4 Comments