vilocity (circulation) and there’s inflation.
Yup
The Velocity of money has been in the toilet
Green line is ratio of M1 vs. the monetary base of the U.S
Posted on 10/02/2010 7:08:58 AM PDT by blam
Do like the Dems did. Point to Obama (democrat) controlling the government. It worked for them with Bush - even though the democrats (pelosi and reid) really were messing things up faster than Bush was.
Now THAT is a “hockey stick” chart.
I recently had to order some O1 Tool Steel and found that one supplier’s price had almost doubled in 3 months.
A 1/2 gallon of ice cream shrunk to 1.5 quarts a while back. Tuna cans are smaller.
Inflation has been going on for a while, but it’s just been cleverly “hidden” by creative packaging. I think it’s now going to be totally “in your face.”
The US is not the only country which desires commodities.
That may not be the best example. See the label “Now Stronger”? It’s possible that even though the sheets are smaller, you’re actually getting more suck-it-up per dollar.
I’m not saying that you are, just that it is a possibility. Showing a 5# bag of sugar replaced by a 4# bag of sugar at the same price would make a better example.
RATs solution to the problem - Kill the old people.
>>”Showing a 5# bag of sugar replaced by a 4# bag of sugar at the same price would make a better example.”<<
We noticed that exact thing with sugar yesterday at Walmart. We were in town anyway and we needed to get some milk and a quart of motor oil. After seeing what is happening to prices on food and how people were loading up their carts with commodity-type foods (rice/beans/canned goods) we ended up spending $182.00 on TP, laundry detergent, paper towels and lots of canned goods. Things that we will use anyway and that will surely continue to rise.
Some of us old people are willing to kill back.
Commodity prices will of course have an effect on inflation.
What the article forgets is that lions share of cost in almost all products is labor.
So long as there are 3 Billion people in China and India willing to work for 1/10th of wages in developed countries such as Japan, US & Germany, inflation will remain tame.
Money printing worldwide has exceeded 10% YOY for decades.
Yet inflation has remained under 4%, the obvious reason is China can manufacture any product with cheap labor and India can provide any service with 300 million English speaking college educated people.
Nope, it's not stupidity. The same masses are sure that Republicans have caused this economic crisis.
And when was the majority of the debt incurred, and who was in power at the time?
Oh Boy! [Jimmy] Carter Country here we come!
bttt
In Australia, inflation is calculated by leaving out transport costs and food costs. Apparently, they are so "volatile", that they cannot be included.
Isn't that a joke? And most other nations have these "creative" ways of doing the figures.
Yup
The Velocity of money has been in the toilet
Green line is ratio of M1 vs. the monetary base of the U.S
exactly what I thought when I saw it too!
“A 1/2 gallon of ice cream shrunk to 1.5 quarts a while back. Tuna cans are smaller.”
I mentioned that very thing to my parents about a month and a half ago.
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