If you've ever made an inflation prediction that's actually come about, please share.
Obama has put tons of money in the hands of the banks and other financial institutions of his friends...
Wondering if you've also got a link for some kickback dollar amount to banks any where near what he's given to his fellow union thugs and Marxist activists.
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The stock market is at 108% higher than it was when O took office. That works out to about 25% inflation per year from the time O took office.
The only reason that the O has been able to say inflation is low is that he took the items that cost more out of the basket. Food, energy, health care, education have all been removed from the inflation calculations by the government so that Social Security payments would not rise. The actual inflation has been calculated at about 12% by many economists which I think is very low and is about what the real unemployment figures are.
I absolutely predicted Carters inflation and also Reagan's reduction of inflation.
Just because Obama says we don't have any inflation now does not mean we don't have it. You can't increase the M1 by 4 times and not expect inflation. If you believe that the One won't lie to you, then you just keep your health insurance policy and your doctor.