Skip to comments.These Three Charts Show Inflation Is Finally Right Around The Corner
Posted on 07/07/2014 8:22:17 PM PDT by Citizen Zed
1. Historically, when Capacity Utilization is as high as its now (suggesting not much industrial slack) the inflation rate has been much higher.
2. According to survey data from the National Federation of Independent Businesses, more and more companies are saying they can't find qualified applicants for job openings.
3. Survey data shows a big increase in the number of businesses who say they plan to raise wages in the future.
(Excerpt) Read more at businessinsider.com ...
I have been feeling the pinch of inflation for the past few years, and it is not fun.
Hence the demand for doubling the annual number of guest workers and the tripling of legal immigration over the next decade. You need more labor to reduce and depress wages.
What has been happing the last few years when the price of electricity and food has been skyrocketing??
Around the corner? Guess you don’t buy necessities, like food
Moronic BS. That corner was rounded for the last 4-5 years.
It's just more government lies. The fed's define "core inflation" as inflation without considering fuel or food prices. How convenient.
So your electricity bill might jump 20% and your food bill might jump 20%, and the fed's would say nope, no inflation here.
***According to survey data from the National Federation of Independent Businesses, more and more companies are saying they can’t find qualified applicants for job openings.***
I don’t believe this. U6 is through the roof. An unemployed Liberal Arts major with crushing school loan debt and a work ethic will do you companies just fine.
Or is this an excuse to bring the ‘Dreamers’ accross the border?
If the qualifications include not being able to speak the language, low education levels and low skills, Obama is working on it.
I love these pencil headed Ivy League dweebs mocking us for lack of CPI inflation.
Of course, dopes like Paul Krugman don’t go to the grocery store, gas station, or write the checks for their light bill.
Bacon is through the roof. Beef is higher than ever. But they don't factor these food items into their inflation data.
I don’t think they factor in ANY food item in to their data.
The seasonally-adjusted price index for meats, poultry, fish, and eggs hit an all-time high in May, according to data from the Bureau of Labor Statistics .
food is outrageous.....a real shopper knows the prices.....the and prices for most things are much,much higher...
Me, too. There was a story on local Houston news last week about steak and BBQ joints seeing beef going up 30%.
I'm surprised they haven't redefined the CPI to be just the price of chinese electronic goods. I should be quiet lest they get ideas.
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