Skip to comments.The US is on a fast track to deflation
Posted on 10/24/2015 6:14:10 AM PDT by Duke C.
So youd expect the unprecedented stimulus of today to create substantially higher inflation. In fact, with the greatest money printing in history, it wouldnt be unreasonable to fear hyperinflation.
Thats what most gold bugs fear.
Its what most everyone seems to fear.
Theyre completely wrong.
Inflation is low will stay low and there will be no hyperinflation to speak of.
The money the Fed printed has largely gone into financial speculation. It hasnt performed any real stimulus efforts by expanding the money supply through lending and spending.
(Excerpt) Read more at businessinsider.com ...
The leftists just change the meaning of words as it sees fit to serve their needs. Well all I can say is the price of all food has risen dramatically, utility services have risen in price, and that the EPA’s regulatory activities (fines and fees) has caused the price of everything made of rubber to rise so I don’t need to hear from the government that the unemployment rate is 5.1 percent and that our economy is fine and dandy when half of everyone I know is out of work. The government lies...continuously under this transparent administration...
Personally I’m skeptical of anything BI prints. Verify!
Only if you don't count food prices having doubled in the past 9 years.
They can tell me ten thousand different ways how there is no inflation and I’ll still call them liars, I have proof positive that inflation is rampant, lower fuel prices have been so brief they should not even count and it is on the way back up at this moment, in fact lower fuel prices are not reflected in anything the “consumer” purchases as of yet and there is reason to think it ever will again even if it drops to ten cents a gallon.
Cost-of-Living Adjustment (COLA) Information for 2016
With consumer prices down over the past year, monthly Social Security and Supplemental Security Income (SSI) benefits for nearly 65 million Americans will not automatically increase in 2016.
Frequently Asked Questions
That may not be what they really want to say but at any rate there doesn't seem to be any talk about a decrease for deflation.
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