Ten Questions for 2014

Now that the consumer price index for 2013 is complete, let's look at the long-term trend of the annual percent change in the average annual CPI.<br /><br /><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg7WPccJMAewygyKASi0RkIANl2OdJZzdVF1BcvULzMA-D0TJhvJur5a-6luojKxjfEUVmTMdGDPgOUJ77UxnkwMILsnFD_58JrkxJCn1LnpKS5NuhvqDneR6ghHnO1iLCduGnNPIG7HJo/s1600/The+Hyperinflationary+Trend+Channel.jpg" imageanchor="1"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg7WPccJMAewygyKASi0RkIANl2OdJZzdVF1BcvULzMA-D0TJhvJur5a-6luojKxjfEUVmTMdGDPgOUJ77UxnkwMILsnFD_58JrkxJCn1LnpKS5NuhvqDneR6ghHnO1iLCduGnNPIG7HJo/s320/The+Hyperinflationary+Trend+Channel.jpg" /></a><br /><span style="font-size: x-small;">Click to enlarge.</span><br /><br /><b>Ten Questions for 2014</b><br /><br />1. How many decades will we be stuck in ZIRP?<br />2. <a href="http://research.stlouisfed.org/fred2/graph/?g=r2p">Will it be as many decades as Japan</a>?<br />3. Why is the Fed tapering?<br />4. When will the Fed ramp up QE again?<br />5. <a href="http://news-these-days.blogspot.com/2011/12/hyperinflation-theories-poned-again.html">How much more poning can the hyperinflationists take?</a><br />6. <a href="http://news-these-days.blogspot.com/2013/08/the-long-term-death-of-real-yields.html">Why am I so willing to hold long-term TIPS to maturity?</a><br />7. Where have all the "bond vigilantes" gone?<br />8. What are they doing with all their profits?<br />9. <a href="http://www.bizjournals.com/buffalo/news/2014/01/16/sears-announces-1600-layoffs-of.html">Sears?</a> (It's a rhetorical question.)<br />10. Why must I use the sarcasm label in nearly every post?<br /><br /><b>Source Data:</b><br /><a href="http://research.stlouisfed.org/fred2/graph/?g=r2o">St. Louis Fed: Custom Chart</a>

Ten Questions for 2014

Now that the consumer price index for 2013 is complete, let's look at the long-term trend of the annual percent change in the average an...

Read more »