Could the U.S. Have Inflation While Canada Experiences Deflation?
#spacer{clear:left}#abc #sidebar{margin-top:1.5em}if(zs>0){zSB(3,3)}else{gEI(“spacer”).style.display=’none’;gEI(“sidebar”).style.display=’none’}It appears Canada avoided deflation for now: Canadas annual rate of inflation edged higher in May due to lower energy prices than a year earlier that outweighed a rise in food costs. Statistics Canada said Thursday the consumer price index rose 0.1% from a year earlier, after a 0.4% annual increase in April. The slight increase in inflation came despite expectations that the country would dip into deflation in May. Economists had expected the annual inflation rate to come in at minus 0.2% in May. Like many (but not all) economists, I expect to see rising levels of inflation in the United States thanks to massive increases in the money supply over the past few ye
