Sunday, February 22, 2009

Inflation Sighted !

Prof. Hamilton brings the last CPI graph and for the first time in a long time we have positive inflation. The stimulus seems to be working. People is buying things. The world may be saved. But today, a terrible fall on the TASE. I lost 5%.

4 comments:

Anonymous said...

I am convinced there are few people, if any, who actually understand what is going on. I doubt the US Govt does.

Otherwise the stock market would not gyrate so violently. It is a classically chaotic situation, in the true sense of the word. Unpredictable in fact, and perhaps inherently unpredictable.

Anon.

Ronduck said...

J, read this, it causes me to think Agam would be a good investment.

J said...

Makhteshim Agam is a good investment.

Ronduck said...

Food is always man's first need. I've been reading for the last few years that China would suddenly begin importing grain Real Soon Now, and finally the article I linked to says that China has begun importing small amounts of food. American and Chinese farmers will get a good return on their farms if this happens, but many urbanites may end up in dire poverty because of the cost of buying food.

I hope to not be one of them, but only God knows.