We really don't want to have to deal with runaway inflation

Simon Cowan
November 20 2021 - 5:25am
Those who were credited - rightly or wrongly - with slaying the inflation dragon loom large in political history. Picture: Shutterstock
Those who were credited - rightly or wrongly - with slaying the inflation dragon loom large in political history. Picture: Shutterstock

Last week it was revealed that the US Consumer Price Index had risen by more than 6 per cent in the 12 months to October. In fact, it was reported prices rose by almost 1 per cent just in October. Core inflation, which excludes more volatile items, was above 4.5 per cent.

Subscribe now for unlimited access.

$0/

(min cost $0)

or signup to continue reading

See subscription options
Simon Cowan

Simon Cowan

Canberra Times columnist

Simon Cowan is research director at the Centre for Independent Studies and a regular columnist for The Canberra Times.

Get the latest Inverell news in your inbox

Sign up for our newsletter to stay up to date.

We care about the protection of your data. Read our Privacy Policy.