(1) Four great waves of inflation in history. (2) A Neo-Malthusian view of inflation. (3) Food and fuel always lead prices higher. (4) The five stages of Price Revolutions. (5) Bernanke should read Fischer’s book. (6) Mark Twain’s history lesson. (7) Why is consumer confidence rebounding in the US? (8) More strong business surveys. (9) Protracted tribal war over oil likely in Libya. (10) Risk Off may be on for a while. (11) Earnings Month: The beat remains upbeat.
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