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This page contains all of the posts and discussion on MemeStreams referencing the following web page: Ronald McKinnon: The Return of Stagflation - WSJ.com. You can find discussions on MemeStreams as you surf the web, even if you aren't a MemeStreams member, using the Threads Bookmarklet.

Ronald McKinnon: The Return of Stagflation - WSJ.com
by Decius at 8:56 pm EDT, May 25, 2011

April's producer price index for finished goods, which excludes services and falling home prices, rose 6.8%. The Bureau of Labor Statistics reports that intermediate goods prices for April were rising at a 9.4% annual clip.

Fuck.

This would only be useful if it was having a positive impact on housing prices.

It isn't.

Which means the value of your assets is collapsing and the value of your cash is collapsing.