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Bernanke, BLS Lie About Inflation: Dr. Doom Faber
CNBC ^
| 02/02/2011
Posted on 02/02/2011 7:53:05 AM PST by SeekAndFind
Edited on 02/02/2011 7:56:47 AM PST by Admin Moderator.
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To: DuncanWaring
It's not actually "inflation" ~ what's happened is volume declined while at the same time leaving the same amount of territory to be covered.
You have to increase the price per piece to end up with the amount of revenue needed to operate the total system.
In the aggregate USPS costs less now than it did 3 years ago.
21
posted on
02/02/2011 11:30:57 AM PST
by
muawiyah
To: FromLori
Awesome chart.
You can see why I'm a silver, gold, and Palladium bigot.
Gotta look into corn and cotton. Looks like I missed out (so far).
Today is a good day to die.
I didn't say for whom.
22
posted on
02/02/2011 11:54:13 AM PST
by
The Comedian
(It's 3am all over the planet.)
To: hennie pennie; FromLori
mho...Don't know about anything else but these (three) are the big three which make a society comfortable. 1) shelter from the elements 2) relatively low Food costs 3) low energy costs. These three (imho) help a society grow and prosper. I pray this is only a blip on the charts. If it continues and goes beyond a blip, our society will break down more than what is being experienced....imho. Hyperinslation (new word) may be attempting to slay the world in which all of us live.
23
posted on
02/02/2011 11:56:18 AM PST
by
no-to-illegals
(Please God, Bless and Protect Our Men and Women in Uniform with Victory. Amen.)
To: FromLori
Obviously our government thinks we have been successfully dumbed down enough that we will never figure out they dont report the inflation on the things we need most food, energy, etc. The government produces many inflation measures. Lots of them include food and energy. Try this one.
Here's the detail behind CPI-U (PDF File)
24
posted on
02/02/2011 12:00:52 PM PST
by
Toddsterpatriot
(Math is hard. Harder if you're stupid.)
To: The Comedian
25
posted on
02/02/2011 12:02:58 PM PST
by
FromLori
(FromLori">)
To: Toddsterpatriot
Good old Todd defender or the big obama/sharia backing banks and now our government to the rescue.
Everyone except you seems to know when the inflation index is reported on publicly they do not include food and energy in the inflation index if they did they would have to give Social Security Cola increases.
26
posted on
02/02/2011 12:11:40 PM PST
by
FromLori
(FromLori">)
To: FromLori
Not defending anybody. Just pointing out your false belief that the government does not include food and energy in inflation calculations. It's a common error, so you shouldn't feel too bad.
when the inflation index is reported on publicly they do not include food and energy in the inflation index
You are mistaken. They commonly release two numbers each month. CPI, which includes everything and "Core CPI" which excludes food and energy.
27
posted on
02/02/2011 12:30:21 PM PST
by
Toddsterpatriot
(Math is hard. Harder if you're stupid.)
To: blam
Gary Shilling On The Chinese Hard Landing That's Going To Prick The Global Commodity Bubble That looks worthy of it's own thread bro.
Today is a good day to die.
I didn't say for whom.
28
posted on
02/02/2011 12:51:28 PM PST
by
The Comedian
(It's 3am all over the planet.)
To: blam
Not hyperinslation This sounds SERIES!
29
posted on
02/02/2011 12:56:39 PM PST
by
April Lexington
(Study the Constitution so you know what they are taking away!)
To: NeoCaveman
"wont that lead to lower prices on the precious metals. That is my expectation.
30
posted on
02/02/2011 1:28:33 PM PST
by
blam
To: The Comedian
31
posted on
02/02/2011 2:39:05 PM PST
by
Quix
(Times are a changin' INSURE you have believed in your heart & confessed Jesus as Lord Come NtheFlesh)
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