We need to bypass the banks and put the money directly into consumers hand via tax cuts.....duh
Dow at 15,000 now that’s inflation. It is a huge financial bubble.
Bernanke has engineered his very own liquidity trap.
Now we’re into competitive devaluations of national currencies for trade advantage. In the last week, the Brazilians have indicated that they’re going to go “all in” to pump up their exports by whatever means necessary. Japan has abandoned any pretense of keeping the yen up.
This is what “free trade” has wrought: round-robin currency devaluations.
I don’t have a lot of excess cash laying around in a savings account, perhaps $4 or $5k, for a quick source of cash but I’m seriously considering taking it out and hiding it under a mattress.
I might just have to suffer the loss of the whopping 0.17% interest it’s earning.
That is the most ridiculous double-wrong statememt I've seen in years. High inflation surrounds us in every possible way thanks to trillions of dollars being printed, on and on and on. And Gold is priced far below it's REAL value, thanks (in my opinion) to blatant manipulation of the gold market by the US Government to give the appearance of gold being a bad investment.
Obama has said we’re going to run out of money in October unless the debt ceiling is raised. Let’s assume the Republicans actually stand their ground.
Does this mean deflation because government spending drops, or inflation because all the money on the side lines rushes in?
And the “tapering” chatter continues, timed right in line with the intended Extortion-Care.
The pass off the bad MBS Bank buying fraud paper, to “Work-Camp-Care” depends on those marked, targeted, and tagged like collared animals, cattle not Exempt.
The housing symptom, just like the employment data is what was being counted on for the cattle.
Only if one ignores reality, as our government and media establishment is doing!
“Inflation has been noticeably absent. . .”
Consumers are now being notified their health care insurance premiums will rise double digits in 2014.
The price of a gallon of gasoline was about $1.85 when Obama was elected. Today nearly double.
Has this author not looked at the cost of food, particularly beef? Has the author not observed prices of packaged products going up while at the same time the quantity inside the package shrinking?
What about electricity and cable TV costs?
The government inflation statistics are lies, just like the unemployment statistics on unemployment. The real rate of inflation on the products most Americans buy everyday (food, fuel, medical care, utilities) is rising about 8% per year.
We need to bypass the banks and put the money directly into consumers hand via tax cuts.....duh