Posted on 01/23/2018 11:58:08 AM PST by sloop3
How much inflation are we really seeing today, and is it likely to rise further as the Fed “unwinds” its Quantitative Easing securities purchases, and a more active economy pushes up wages and prices? Free Market Central put these questions to economist John Williams, whose ShadowStats alternative economic indicators are featured on our home page. Williams has long insisted that federal economic statistics do not tell the whole story. For years, he explains, the government has been gaming the numbers. Not only is inflation understated; given current trends, it’s only going to get worse.
(Excerpt) Read more at freemarketcentral.com ...
Well, your grocery bill may not have “doubled” under Obola’s “leadership to recession” for 8 years, and for 6 years under Pelosi-Reid’s leadership during the fading Bush years; but the size of servings, the size of packages, the number of pieces in each package went down, even as the price of each package went up.
Actually BOTH happened.
My average grocery bill (with essentially the same spending patterns) was about $150 before Oshit4brains.
Now, I am lucky to get out with spending less than $350.
AND the package sizes got smaller. I remember buying a box of crackers - it was about the size of a small toaster, and it contained 8 smaller foil bags inside.
When I opened one, it was mostly air.
The entire box could have easily fit into one of the inside packages.
If the money was printed yes but the money poring in was earned. The deregulation done by Trump would have the opposite of inflation, most of the real inflation felt by Americans over the last decade has been because of inflation. Regulation since the 50’s has decreased buying power by 75%.
I don't think inflation ever goes down; it just becomes the new normal
— just like with Diesel prices after the Ultra-Low Sulfur Diesel (ULSD) mandate.
The reason I believe this is due to the fact of the Federal Reserve and its fiat currency; by expanding the money-supply it dilutes your spending-power, robbing you of real wealth and, as wealth cannot really be destroyed but merely transferred, it's obvious that these wealth-transfers are benefiting someone; this someone has a vested interest in not reversing the wealth-transfer.
Perhaps because the number of unemployed and underemployed is so high, and the average person's discretionary spending
is way down.
As this article on the Great Depression states:
For those unfortunate enough to experience it, long-term unemployment – now, as in the 1930s – is a tragedy. And, for society as a whole, there is the danger that the productive capacity of a significant portion of the labour force will be impaired.
I seem to recall a quote, perhaps from a history-book, from one person who'd lived through the Great Depression along the lines of "it wasn't that there was no food -- you could get a pound of beef for a nickel! -- it's that there weren't any jobs to get the nickels!"
Inflation typically follows a super-heated economy to “manage” it.
Does this "Noted Statistics Expert" realize that'a only a whole month
Is this ***hole a democrat? or an "academician"??
Also, what was the inflation rate Nov 2016 -Jan 2017??
Hmmmmm??
Gibesmedats?
No, I think that they play the roll of “useful idiots” or bought votes... not the primary actors, nor even the main beneficiaries.
It seems to me there are concerted efforts to reduce many to slavery, to eliminate rights, and to establish a sort of “second-class citizen” — just look at things like student loans, which are one of the few debts that survives bankruptcies, and how hard they’re pushed onto college kids, as if to saddle them with debt for decades — just look at how things like the TSA and restrictions are pushed — just look at how felonies, even if you serve your sentence, still prohibit one from exercising the right of a citizen and how very many (and easy) felonies there are; it reminds me of that one Atlas Shrugged quote:
“Did you really think we want those laws observed?” said Dr. Ferris. “We want them to be broken. You’d better get it straight that it’s not a bunch of boy scouts you’re up against... We’re after power and we mean it... There’s no way to rule innocent men. The only power any government has is the power to crack down on criminals. Well, when there aren’t enough criminals one makes them. One declares so many things to be a crime that it becomes impossible for men to live without breaking laws. Who wants a nation of law-abiding citizens? What’s there in that for anyone? But just pass the kind of laws that can neither be observed nor enforced or objectively interpreted — and you create a nation of law-breakers — and then you cash in on guilt. Now that’s the system, Mr. Reardon, that’s the game, and once you understand it, you’ll be much easier to deal with.”
I think it’s been increasing for years beyond what they have been saying. Under BO they didn’t breath a word about it, except to say that it didn’t exist. Now, suddenly, it’s inflation.
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