Deflation?
The headline PPI fell by a record 2.8 percent last month. The core rate which excludes oil and food prices rose by .4 percent in October.
The headline inflation fell along with energy prices. It looks like deflation is showing up in the (headline) numbers. The only question now is, are we going to jump to the other side of hyper-inflation - especially with the fed pumping all the dollars. The only problem for the fed is the banks are not lending and individuals are too much in debt already to borrow more.
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Technorati Tags PPI,INflation,deflation,Hyper-INflation
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