（1月17号更新）我收集的RF书籍 ！大部分是Artech House Publishers 的！论坛不多！

hhzseacanoe

The public media has picked up on the theme of inflation in the last few months, and they have been haranguing the public about higher food and energy prices.  

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As a result, many people believe that once the rate of the rise in food and energy prices slows, the rate of increase in inflation will recede.  

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IT IS NOT THE CASE THAT FOOD AND ENERGY ARE THE SOLE OR MOST IMPORTANT DRIVERS OF INFLATION TODAY.

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Inflation is a function of many variables and there are about 10 of them that we will discuss in coming memos.

hhzseacanoe

INFLATION DRIVER #1:  THE LONG GLOBAL ECONOMIC EXPANSION CREATES INFLATIONARY TENDENCIES IN AN ECONOMY

hhzseacanoe

The economic expansion that began in 2003 was still going strong as the end of 2007 approached.  The current banking crisis in the developed world has caused it to slow.

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However, the economic growth rate did not slow in the developing world, and the tendencies leading to inflation remain strong globally.

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Some governments are still trying to tell their constituents that the U.S. and European economies are growing, but at a much slower rate.  

hhzseacanoe

On the other hand, important economists in both regions agree that the U.S. and Europe are at least in a growth recession卛f not an outright recession.

hhzseacanoe

In either case a slight recession or slow growth the current economic climate has been strong in the developed world for 5 years and in the developing world [which is more important]