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Economic Outlook: Inflation

takes centre stage
By Keith Fray
Published: June 14 2009 17:58 | Last updated: June 14 2009 17:58

Inflation will be at the centre of attention this week. Some recent data have increased optimism among investors over an economic recovery but prompted concerns about the return of inflation and posed the question of when central banks might start to raise interest rates to choke off a possible inflationary spiral. The futures market currently expects the Federal Reserve to start raising US rates as soon as the final quarter of this year. (learn more at )

Sign of the Times

CA Lawmakers Impose 90-Day Foreclosure Moratorium
California is test a new law, "The law is expected to make lenders try harder to keep borrowers in their homes." or is it to legally force borrowers from walking away from their homes in this bad economy which the fed. reserve, wall street and the government. I love it they make the problem and then they force us the American people to pay for it, debt slavery . ( learn more at )

Is 2009 tracking a 1930 Great Depression scenario?
Submitted by Edward Harrison of the site Credit Writedowns. 

With more and more major economists predicting recovery sometime later this year, many have forgotten that downside risks remain. Berner, Roubini, Volcker, Krugman and Bernanke have all come out essentially saying they would not be surprised to see a ‘technical’ recovery at some point later this year. Robert Gordon has gone as far as to suggest we could be in recovery already – at least in the United States. I too have called for a Q4 or Q1 recovery. So, is it off to the races?  (learn more at )

Optimism is not enough for a global recovery
By Wolfgang Münchau
Published: June 14 2009 19:04 | Last updated: June 14 2009 19:04

Last week, the green shoots shrivelled. In South Korea, China and Germany, exports were declining once again. In the US, the Federal Reserve’s Beige Book said “economic conditions remained weak or deteriorated further during the period from mid-April through May”.

The March signs of revival turned out to be little more than a technical inventory correction, with no change in the underlying trend. The world economy is still contracting, though perhaps not quite as fast as at the start of the year. ( learn more at )

wall street and the fed. don't want

gold to break $1000 barrier becuase then

it is off to the races& Hyper-inflation