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I built a home from 2003 through 2007 and I’ve been saying for all that time inflation was much, much higher than being claimed. That it was essentially out of control. Everyone holding dollars saw their wealth shrink dramatically, but quietly...

"...inflation was much, much higher than being claimed. That it was essentially out of control. Everyone holding dollars saw their wealth shrink..."

Good morning to you! The article is bunk. The fact is that 'inflation' can be pretty much anything that anyone says it is, which is why we end up with so many different numbers and still we get no end of complaining..

I buy and sell things a lot, and changes in prices mean a lot to me in how I feed my family. If you've got a better way of measuring what you call 'inflation', then you're more than welcome to share it.

As far as wealth goes, most people I run into say that that they themselves are better off than they were say, ten years ago, but it's just the last few quarters that were rough.

Then, suddenly, in the dying days of the Cheney-Bush Empire Barney Frank had a flash ~ what if, he thought to himself, I could do something to DEFLATE the dollar and bring down the price of houses.

At first it was but an ACORN of a thought, but gradually all the details came into play. First, Jamie Gorelick would arrange with her friends in ALQAIDA to attack the WTC/Pentagon Cheney-Bush Imperial centers of power, to distract "W" of course, and then she'd go on over to FANNIE MAE to pull the rug out from underneath the very concept of credit.

"Oh, yes" thought Barney, I could do that and Nancy would call me her own personal hero and she'd supply me with an endless number of muscular young vintners from her fields.......

You can add to the story however you want, but the price of housing was slashed anywhere from 20% to 47% in most markets.

You tell me that's not deflation...... go ahead.... I dare you.