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Inflation The Unites States economy is currently enjoying the satisfaction of a healthy booming economy This booming success however is generally accompanied by a warranted concern for rising inflation Normally the low unemployment rates high profits and growing wages push the aggregate demand towards inflation Normally at the first glimmering signs of these exponential gains the FED is skeptically quick to slam on the federal levers such as raising interest rates in order to stop the first snowflakes of inflation before the avalanche is unleashed The last decade of this millennium although has turned out to be anything but normal The beginning of the 1980s saw a sharp increase in productivity and cooperate profits One would logically think as many did that higher productivity would translate into higher wages Oddly enough though worker wages remained stagnant Economist across the country charged that productivity profits were going into corporate pockets rather than workers wages Many workers believed that growing global competition and increased job insecurity were undercutting the fruits of their hard work Around the middle half of the 1900s a strange phenomenon began that has todays economists wondering about the direction of inflation will take in the approaching months In a drastic turnaround profits have begun to level off while wages are now on the rise This influx in wages and profits has the Federal Reserve wondering weather or not it is time to begin starting anti-inflation precautions Even stranger yet while the economy continues to expand inflation has moved very little Presently the countrys unemployment rates are reaching all time lows and the consumption continues to expand yet inflation continues to stay in check As of March of 199 the inflation level was holding steady at the uncommonly low level of 15 Economists attribute this balance of power between inflation and productivity to the growth of workers skills full employment and productivity growth In comparing the national inflation levels with the area data
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