Inflation and Deflation

5 Savage truths about inflation

5 Savage truths about inflation

No one seems worried about inflation today. The symptom of inflation is rising prices, which doesn't seem to be happening -- except perhaps for medical services and college expenses. But inflation is specifically a money issue: more money pushing prices higher. And even all the money that has been "created" in recent years around the world hasn't led to inflation yet, except for one place: Stock markets around the world are hitting new highs. That's where all the money is going now.

The Fed doesn't see inflation on the horizon -- so it's holding back on interest rate increases. Banks will give you a 30-year mortgage for only 3.8 percent; they obviously don't fear...