Your Place in Cyber Space for Inflation Data
The U.S. Bureau of Labor Statistics (BLS) released their July Inflation report on August 13th 2019, for the 12 months through July 2019. Annual Inflation is Up Annual inflation in July was 1.81% up from June's 1.65% almost identical to May's 1.79% and March's 1.86% but below April's 2.00%. CPI Index in July was 256.571, June was 256.143, May was 256.092. April's was 255.548 and March was 254.202. Monthly Inflation for July was 0.17%, June was virtually zero at 0.02%, May was 0.21%, … [Read More...]
On August 5th, 2019, the U.S. Department of the Treasury designated China as a ‘currency manipulator’. China has been on the U.S.’s watch list for quite some time. The U.S. believes that China “engaged in persistent one-sided intervention in the foreign exchange market” and so the U.S. will now request that the International Monetary Fund (IMF) “eliminate the unfair competitive advantage created by China’s latest actions”. Why would China want to keep the value of its currency artificially low?
Hyperinflation is not just relegated to the distant past. Here are some recent examples of countries suffering from hyperinflation who are turning to Crypto. We will also examine, What is CryptoCurrency? What is hyperinflation? What Causes Inflation? and How Does Crypto Help?
The U.S. Bureau of Labor Statistics (BLS) released their monthly Consumer Price Index report on July 11th 2019, for the 12 months through June 2019. Annual Inflation is Down Again Annual inflation in June was 1.65% down slightly from May’s 1.79% which was down from 2.00% in April. The CPI-U Index was 256.143 up marginally […]
Inflation is the increase in the price you pay for goods and services, which affects the purchasing power of your money. This is more accurately called “price inflation” as compared to “monetary inflation”. As inflation increases, the value of your money decreases. There are many different causes of inflation, but the most important cause is an increase in a country’s money supply. When the government decides to print money or implement a quantitative easing program, the money supply is increased (i.e. monetary inflation), thus affecting the general level of prices. Many investors purchase gold in an effort to protect against this erosion of value. As economic uncertainty, inflation and market volatility increases, interest in gold as a hedge increases as well.
The U.S. Bureau of Labor Statistics (BLS) released their monthly Consumer Price Index report on June 12th 2019, for the 12 months through May 2019.
Annual Inflation is Down
Annual inflation in May was 1.79% down from 2.00% in April and 1.86% in March.
CPI Index was 256.092 up from 255.548 in April and 254.202 in March.
Monthly Inflation for May was 0.21%, April was 0.53%, March was 0.56%, May 2018 was 0.42%.
Back in 1918 gasoline was $0.25 a gallon and by 1932 prices had fallen to 18 cents a gallon! But as we all know over the last 100 years the purchasing power of the dollar has fallen drastically so in order to get the true picture we can’t just say that the lowest price of gas was 18 cents per gallon, we need to adjust the price for inflation.
Electricity Price Inflation Residential electricity prices in the U.S. have risen from an average of 7.83 cents per kilowatthour in 1990 to an average of 11.44 cents per kwh in 2010. This is a 46% increase in 20 years and sounds like a lot but as you can see from the chart below for many years[Read More…]
Source: inflationdata.com | NYSE Index Inflation Commentary To Print this Chart: When Printer dialog box appears be sure to switch to Landscape mode Note: Please feel free to link to this page but not to the image itself as the image may be renamed (or deleted) when it is updated but the page URL will[Read More…]
Your Ability to Choose Should Increase Competition In years past consumers didn’t have a lot of choice when it came to their natural gas supplier, they were tied to the local gas utility, so if they wanted to charge a 541% markup you were pretty much stuck. But just prior to the new millennium states began[Read More…]
Inflation Adjusted Real Estate Prices- Lets take a look at the idea that housing prices always go up. Of course, each neighborhood is different, so some neighborhoods might be going down while a few miles away housing prices are skyrocketing but by looking at the nationwide average we can get a better picture of the overall trend. The St. Louis Federal Reserve publishes the following chart that shows the S&P/Case Shiller National Home Price Index and by adjusting those prices for inflation we can get a better picture of how real estate prices really act. Is a home a good investment or not?
Inflation Indexed Bonds Performance- U.S. Treasury Inflation indexed bonds are supposed to protect you from the ravages of inflation while providing a safe and decent rate of return on your money. Obviously, since safety is generally inversely proportional to risk, if inflation indexed bonds are very safe you would expect the rate of return to be[Read More…]
