◀ The Principal Blog

From Deflation to Reflation

If there’s one statistic that symbolizes the tremendous amount of excess capacity globally and, in turn, its deflationary impact on prices, it would be the Chinese producer price index (PPI). Looking at year-over-year changes, Chinese producer prices have been declining for the past 54 months.…

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Minimum Wages and Inflation

In the United States, the Federal minimum wage has been $7.25 since 2009. Since 2014, however, 26 states have raised their minimum wage. There has been a push to bring the national minimum wage to $15 and some states and cities are leading the charge. For instance, California and Washington D.C.…

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