Saturday, December 4, 2010

Paging Paul Krugman 19: The Economist Commodity-Price Index


I'm sure there is some deflationary explanation for this. But a quick glance at the numbers for the end of November, put out by Economist magazine, shows double digit price increases across the board, on a one year basis. The only laggard is oil, and that was up 6.0% last week--so it's now in double digit territory also.

Paul? Uh Paul?

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