Word: inflationitis
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During his Nov. 13 visit to Tokyo, U.S. President Barack Obama emphasized that Japan, as the world's second largest economy, has a special role in the global marketplace. One week later, it's becoming clear the country may be special for another reason. While much of the rest of...
That Harvard has a grade inflation problem is news to no one. What is surprising, though, is that this issue has persisted despite its acknowledgment by students, professors, and the media. This may be because the obvious solution—grade deflation—is both unpalatable and difficult to...
Iran's leaders may be getting their act together, slowly, on the nuclear debate. But they haven't done much work selling the issue to average Iranians, who still worry about daily matters. While overall inflation has decreased to single digit percentages, residents of East Tehran expressed to TIME their...
Are we talking in the next six months or much longer? I think we're talking 18 months, maybe two years down the road. People are still talking about deflation; you're still looking at low labor costs, high unemployment and a slow recovery. Inflation will probably come, but not...
What's the outlook for commodities like gold? Risk aversion will continue, and that means continued interest in commodities. Gold will be strong but, interestingly, not because of inflation but because as the dollar gets weaker, people want someplace safe to put their money, and right now they view gold...