Word: inflationitis
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That is the issue, whether we'll overshoot and end up being below, in inflation-adjusted terms, where we were in 1997. We're not quite down to where we were before, but we're getting close. Overshooting is typical in the stock market, but in the housing market, I...
The inability to see a future when unemployment will be no better than 7% may be born of the deep pessimism that has seized the thinking of many analysts as they are in the midst of this dismantling of what it took the business community three decades to create. The...
Most Harvard students rationalize the exorbitant cost of their education by viewing it as a prudent investment. Armed with bachelors’ degrees branded with Harvard’s prestigious name, many expect careers lucrative enough to exceed the nearly $200,000 spent during their four years in Cambridge. In...
Complaints about the Core and the nascent General Education—its lack of common requirements or a coherent, unifying philosophy—are rehearsed often. And the demise of a potential Great Books track within Gen Ed called further attention to this problem. The prevalence of grade inflation and...
Still, bullish investors see little downside in commodities, although returns may not come overnight. Some consider commodities a hedge against another looming threat: inflation. If loose monetary policies implemented by central banks around the world to stimulate growth eventually spark inflation, commodity prices might escalate rapidly. "If the world economy...