Word: inflationitis
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
The Great Meltdown Were we Americans alone in our troubles? Hardly. The Asian tsunami of 2004 killed more than 200,000 people. And our financial meltdown quickly spread around the developed world. Yet from our lofty perch overlooking the 20th century - the American Century, TIME's co-founder once labeled...
Everyone - or at least everyone who claims to be happy - has some reason for finding the upside to the downturn. Mine has to do with the end of Expectation Inflation, a phenomenon that can be as corrosive to our spirits as price inflation is to our savings. Expectations are a...
So while optimism is the all-American anesthetic, at some point Expectation Inflation was bound to take its toll. I'm struck by how many people tell pollsters that the voluntary downshifting and downsizing of the past year have come as a kind of relief. Maybe we've lowered our...
Equities bears maintain that the recent stock rally has already outrun fundamentals and that stocks are no longer cheap. To be sure, based on projected operating earnings for all of 2009, S&P 500 companies are trading at an average price-earnings ratio of nearly 19, higher than the long...
While a little inflation is considered normal and healthy for growing economies, a prolonged deflationary period is a recipe for economic misery. Falling prices drag down corporate earnings, wages, consumer spending and investment by businesses, and can lead to a deflationary spiral like the one the world experienced during the...