[rbg81]

Typically, that slowdown should slow inflation as well — the second part of the diagnosis — but prices are still marching higher.

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Well, duh! Keep cutting them interest rates Ben. And double the size of the stimulus package. And lets import more cheap labor for good measure. Yeah, that’s the ticket. Our imbecile leaders are obsessed with growth at any cost. And boy, will it cost. In the end, we will get zero growth and crushing debt. And the Chinese/Arabs will get all our assets.

The truth is this whole thing is a huge tax on the affluent. CD rates are hitting bottom, but loan interest rates have actually gone up. Its really about replenishing the bank’s coffers so the Government doesn’t have to bail ‘em out.

[The Axis Effect]

Stagflation. HMMM...Thats kind of a cool made up word. Why dont they just say “Stagnant Inflation” and make themselves sound smart...