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Loan Modification

: Mortgage Lender Implode-o-Meter

Inflation and relative prices

By Implode-Explode Heavy Industries

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"There are persuasive reasons why we'd be better off today with an inflation rate higher than what we've seen over the last six months. But while a uniform expansion that raised all wages and prices by the same amount would be helpful, what the Fed could actually achieve in the present situation may be something less desirable."

Full post as published by Mortgage Lender Implode-o-Meter on May 10, 2009 (boomark / email).

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