Decade Inflation Chart
Fed is clearly showing they are worried about the banks for now and not inflation. Over any given 10 years the inflation rate is all over the map, we have had an incredible stable 20 years. Long term it averages 3.42 and our present rate is above the long term average from 1913-2007 The inflation rate seems to be accelerating, here is the monthly inflation year over year increases January 2008 was 4.28.
2007 Jan 2.08% Feb 2.42% Mar 2.78% Apr 2.57% May 2.69% Jun 2.69% Jul 2.36% 1.97% Sep 2.76% Oct 3.54% Nov 4.31% Dec 4.08%
It could be worse we could be in China.
China‚€™s inflation jumps to nearly 12-year high - World business - MSNBC.com