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The US is on a fast track to deflation
Business Insider ^ | 10/22/2015 | Harry S. Dent

Posted on 10/24/2015 6:14:10 AM PDT by Duke C.

So you’d expect the unprecedented stimulus of today to create substantially higher inflation. In fact, with the greatest money printing in history, it wouldn’t be unreasonable to fear hyperinflation.

That’s what most gold bugs fear.

It’s what most everyone seems to fear.

They’re 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 hasn’t performed any real stimulus efforts by expanding the money supply through lending and spending.

(Excerpt) Read more at businessinsider.com ...


TOPICS: Business/Economy; Government
KEYWORDS: deflation; economy; harrydent
Since there will be no COLA increase in Social Security this year,
I've been wondering if we'll be seeing REDUCTIONS in coming years due to "deflation".
1 posted on 10/24/2015 6:14:10 AM PDT by Duke C.
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To: Duke C.

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...


2 posted on 10/24/2015 6:24:34 AM PDT by jsanders2001
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To: Duke C.

Personally I’m skeptical of anything BI prints. Verify!


3 posted on 10/24/2015 7:12:41 AM PDT by Wheelman81
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To: Duke C.
Inflation is low?

Only if you don't count food prices having doubled in the past 9 years.

4 posted on 10/24/2015 7:18:53 AM PDT by rawcatslyentist (Genesis 1:29 And God said, Behold, I have given you every herb bearing seed,)
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To: rawcatslyentist

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.


5 posted on 10/24/2015 7:48:16 AM PDT by PoloSec ( Believe the Gospel: how that Christ died for our sins, was buried and rose again)
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To: Duke C.
Jeesh, what a bunch of clueless crybabies. OK, the SSA people seem to be saying that if the CPW goes up there's a COLA increase and if there's a CPI decrease there's no COLA.  From here:

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.

6 posted on 10/24/2015 3:34:11 PM PDT by expat_panama
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