by Steven R. Cunningham and Julie Ni Zhu
A surge in everyday prices is one of many signs. Wholesale prices and long-bond yields are also trending upward. And the money supply is ballooning.
November 21, 2012
Thanks to falling prices for household fuels, gasoline, and recreation, the EPI ticked downward last month. But that’s not enough to reverse the climb of everyday prices over the last 12 months.