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Tulpen
12-14-07, 03:34 PM
Do we really have inflation going on though?

Couldn't we rationally argue that clothing, airline tickets and prescription drugs are really to volatile to include in the core package anyway?

;)

Starving Steve
06-21-10, 11:27 PM
No matter how many trillions of paper dollars Bernanke prints, there can not be inflation with falling wages and the rising productivity of labour. Also banks are reluctant to lend.

The gold bugs may be in dreamland with their gold.

Unemployment and people who are thrown-away to rot and to starve for life (like me) certainly breed inflation, and conditions in Mexico in the 1970s certainly prove that point.

But falling wages and rising productivity are a better argument for de-flation than for hyper-inflation ahead.

So if working people and pensioners and savers have been thrown under the bus to fight inflation, the Obama Administration is even worse than the Bush Administration of years past.

Jay
06-21-10, 11:45 PM
So if working people and pensioners and savers have been thrown under the bus to fight inflation, the Obama Administration is even worse than the Bush Administration of years past.
Steve, when are you going to get that they are two sides of the same coin?

metalman
06-21-10, 11:52 PM
Do we really have inflation going on though?

Couldn't we rationally argue that clothing, airline tickets and prescription drugs are really to volatile to include in the core package anyway?

;)

where's the FIRE sector inflation report... :o


UPDATE 1-Individuals see health insurance costs jump-report

Mon Jun 21, 2010 4:41pm EDT

<script type="text/javascript"> Reuters.utils.addLoadEvent(function() { Reuters.utils.loadScript('sJSON','/assets/multimediaJSON?articleId=USN2125993520100621&setImage=300&view=100&startNumber=1') }); </script> * Health insurance premiums up 20 pct on average

http://www.reuters.com/article/idUSN2125993520100621


oh, yeh... now i remember... ;_FP

FIRE owns the gov't that issues the numbers & the press that reports them. ;_CC;_O;_PU