Brad Zigler

Inflation Scorecard: Short-Term Inflation Rising

Note that the readings are for MONETARY, not PRICE, inflation.

According to Webster's Dictionary, inflation is defined as: "an increase in the amount of currency in circulation resulting in a relatively sharp and sudden fall in its value ..."

CPI measures fluctuations in the prices of a basket of goods, not the changes in the supply of money that causes prices to change. Simply put, inflation is a CAUSE, not an EFFECT.

Monetary inflation is monitored in real time and updated daily in Brad's Desktop at www.hardassetsinvestor....

With regard to the inflation rates quoted, check the "NOTE" at the bottom of the
article. The 4.4% rate mentioned in the article's bullet point is the AVERAGE ANNUAL rate of monetary inflation over the period depicted in the chart.

You'll note from the chart that the monetary inflation rate isn't measured by gold, though gold IS a factor in its calculation. At times the inflation rate diverges from the metal's appreciation rate. You'll find plenty of instance in the chart.

The YOY rate as of the article's original publication on Thursday was 0.4%. That's one of the figures updated daily. Last week, the average12-month rate was 0.2%, after turning positive (moving from deflation to inflation) on 21 August.

THAT's what's meant by "real-time."


On Sep 07 01:43 AM Fighting Yoda wrote:

> Mr Zigler where did you find inflation? CPI is down YOY, MOM. Gold
> price rising etc are not a measure or indication of inflation.