countries are collapsing as we speak , Russia, Venezuela , Europe , Japan etc. any of you think the USA cannot also collapse because of this massive Obama debt. it will only a matter of when
Posted on 12/17/2014 7:01:23 AM PST by blam
Plunge? Someone is reading that chart upside down. My grocery bill hasn’t plunged. I can’t afford ground beef anymore. Every utility bill has had an increase in the past month or two. The only thing that has plunged is our income.
countries are collapsing as we speak , Russia, Venezuela , Europe , Japan etc. any of you think the USA cannot also collapse because of this massive Obama debt. it will only a matter of when
What data are ugly? The fall in energy prices for American consumers? What is ugly about that? It’s a huge net positive for the US economy.
Prices are coming down because many people don’t have jobs, and those who do, have low-paying jobs.
This is the normal and natural effect of the direction the economy has taken under 0. Normal people understand this. Those in government or with an economics degree can’t get their minds around reality. In their challenged minds, 2% annual inflation is a good thing.
Inflation is bad for normal people, especially those who can no longer work. Inflation is a godsend for politicians, since it allows them to crow that the economy is improving, when it is not.
Deflation in NEVER good news for an economy......looks back at your econ 101
Dropping prices can be caused by two different phenomena: improved production processes from increased capital investment or a slow-down in the increase of the money supply (caused by the Fed).
What we are experiencing is the latter.
If prices are dropping from better efficiency, interest rates need not increase at all. There is no broad connection between the two.
In this case, though, the price deflation caused by the central bank probably will result in increased interest rates. It won't be a natural result -- simply the Fed's incessant manipulation of the markets.
I hope meat prices deflate soon.
Right, and the gov’t plans on paying out all their liabilities with inflated dollars. They desperately need inflation.
Shouldn't there be some deflation that will follow from lower fuel costs, and its impact on everything else? I am wondering about the overall impact of lower income from drilling and the impact that will have on areas that have benefitted from drilling.
Also milk and butter. Over $4 a pound for butter. The crap hamburger is on “sale” for $4.49 a pound. Milk is outrageous, especially organic.
I bought butter on sale during Thanksgiving, my husband and I going in separately to buy the 2 allowed per customer, going back in to separate cashiers and coming back the next day and repeating our buys. Butter freezes nicely.
As I recall, things started to improve a few years after the first Great Depression.
Then FDR came in and wrecked everything again in his lust for more government powers. I’ve no doubt the current wannabe-dictator (and those who will come after him) will do the same.
Yup. My under two dollars a pound frozen butter is just fine...as is, my $2.18 a pound extra-lean hamburger I have frozen.
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