Condign Inflation—Why The Lords Of Central Banking Are Heading For A Fall

The consumer price index for July rose by 2.9% on a Y/Y basis, and thereby put to rest the absurd “low-flation” thesis that central bankers and Wall Street stock peddlers alike gummed about endlessly a year or two back. Even when you drop the food and energy items out of the index—-items real people may or […]