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To: expat_panama
Do you SERIOUSLY think there's no inflation?

Bought food lately? Up to the last year one could say that about fuel also, but these low prices aren't going to last forever.

Seniors are getting financially KILLED by 8+ years of 0% interest rates. Combined with 0% COLA's for Social Security this country's Senior Citizens are falling into poverty level at an alarming rate.

50 posted on 12/03/2015 8:50:31 AM PST by usconservative (When The Ballot Box No Longer Counts, The Ammunition Box Does. (What's In Your Ammo Box?))
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To: usconservative
...Fed hike was needed to stop inflation as measured by the PCE. It's not there...

you SERIOUSLY think there's no inflation?

That's what I like about hanging around the FR, everyone cares about what I think. The Fed sure doesn't tho, so even while you care so much about my thoughts when it comes to inflation the Fed only watches the PCE.  This is the PCE:

It says no inflation.

55 posted on 12/03/2015 9:14:13 AM PST by expat_panama
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To: usconservative
Do you SERIOUSLY think there's no inflation?

We're in a period of deflation. Its one reason why commodity prices are getting crushed. Seniors relying on earnings from interest for their retirement are almost always going to have problems.

60 posted on 12/03/2015 10:00:28 AM PST by Mase (Save me from the people who would save me from myself!)
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