Obama's Inflation Is At Hand And Will Be Many Times Worse Than The Carter Era.

The best way to explain Obama's economics is to think WWSD?

Satan would make people so miserable and destitute that they would sell their souls to him for an empty promise relief. A real win-win for the dark side. Obama is Satan's community organizer, and Pelosi is his Madam.

Thank you friend. I have trouble typing. If the spell check does not catch my typo I often miss it. Reagan honored God and Country. He was and is a great blessing. Others must now pick up the torch. It takes love and service in God. Self centered human nature leads to Obama. Time for real change. We need the divine providence of one nation under God. That does not mean an Obama cult religion of hate, lies and death, masquerading as God. Only Love, truth and life lead to the Father.

Those are wise words FRiend, and to that I say:

**** BUMP!!!! ****

Have a blessed day.

Interesting replies...

Inflation is described as ‘too much money chasing too few goods’, which is not the problem that we face in the current deflation-debt spiral.

Hyper-inflation, however, is the rejection of the currency, an all-too-real possibility.

Good post. Yes, some items are always inflating while others deflate. Food is inflating, most other commodities are deflating. Your comment on raw materials is interesting as it could indicate higher demand for those materials, which might indicate increased economic activity. Gold doesn’t matter in this equation as its’ market is tiny and not related to fundamentals of the actual economy. Other hard metals are more useful in that regard.

Since 80% of the country’s wealth is held in real estate, the deflation of real estate values overcomes any increases in the other 20% of our wealth holdings. Stocks are still deflated from their highs also. Retail pricing is dead in the water. Energy prices are in a tight range, and have deflated from 2 years ago.

This means there is a rather small portion of the economy left over to inflate. So overall we are in deflation and until demand increases rather dramatically across the board it’s hard to see inflation being a problem.

Keep an eye on those raw materials prices, and please post again on what you see happening with those.

Thanks.

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