Let’s Put Inflation Argument to Rest.

Let’s put the inflation argument to rest. I don’t know how many times I pointed out on this blog about inflation non-existence, it keeps coming up in various oped pieces.

Here’s the price of a gallon of milk:

062613krugman2-blog480milk

And here’s the price of a loaf of bread:

062613krugman1-blogbread

From here.

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3 thoughts on “Let’s Put Inflation Argument to Rest.

  1. They really, really WANT it to happen!
    But you know what – so do I, but for a different reason. They want inflation so that they can point their finger and finally, after 4 years of calling for doom and gloom, say to us: See, we told you so!
    I merely want it as an indicator that the economy is finally growing.

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