Inflation at 53-year low as QE money printing rages unabated!

[Ricter]

Inflation at 53-Year Low Belies U.S. Demand Vigor: Economy
By Michelle Jamrisko - Jun 12, 2013 1:56 PM MT

"Some Federal Reserve policy makers are citing the lowest inflation rate in at least five decades as an alarm bell for the economy. Economists at UBS Securities LLC say the figure isn’t as troubling as it appears.

"Consumer prices climbed 1.1 percent in the 12 months through April, according to a measure watched by the Fed that excludes food and fuel -- matching the smallest increase since records began in 1960. That’s down from 1.9 percent in the year ended April 2012.

"Most of the decline is in industries such as apparel and health care, where consumer demand is growing... More>>

 

[PHOENIX TRADING]

Quote from Ricter:

Inflation at 53-Year Low Belies U.S. Demand Vigor: Economy

How in the fuck do you figure that?
That's like saying the lack of inflation 1929-32 signified a miraculous economy was afoot.

geez ricter you get stupider by the day

 

[wjk]

Quote from Ricter:

Inflation at 53-Year Low Belies U.S. Demand Vigor: Economy
By Michelle Jamrisko - Jun 12, 2013 1:56 PM MT

"Some Federal Reserve policy makers are citing the lowest inflation rate in at least five decades as an alarm bell for the economy. Economists at UBS Securities LLC say the figure isn’t as troubling as it appears.

"Consumer prices climbed 1.1 percent in the 12 months through April, according to a measure watched by the Fed that excludes food and fuel -- matching the smallest increase since records began in 1960. That’s down from 1.9 percent in the year ended April 2012.

"Most of the decline is in industries such as apparel and health care, where consumer demand is growing... More>>

Well shit, I wonder what type of drugs I'm on. I could swear I'm paying higher prices for food and energy. My personal budget verifies that. Must be one hell of a hallucination I'm having.

 

[Ricter]

Quote from wjk:

Well shit, I wonder what type of drugs I'm on. I could swear I'm paying higher prices for food and energy. My personal budget verifies that. Must be one hell of a hallucination I'm having.

The article does not say we have deflation.

 

[wjk]

Quote from Ricter:

The article does not say we have deflation.

And why would deflation cause higher prices in food and energy (unless you're talking about the dollar)?

 

[denner]

Quote from wjk:

And why would deflation cause higher prices in food and energy (unless you're talking about the dollar)?

The guy is a stupid drunk, disregard anything the guy has to say about the "economy" and/or "inflation".

Did I fail to mention the guy parrot's anything and everything Paul Krugman writes?

 

[pspr]

You're full of crap, Rectum. But we knew that.

<img src=http://www.shadowstats.com/imgs/sgs-cpi.gif?hl=ad&t=>

<a href=http://www.shadowstats.com/alternate_data/inflation-charts>Shadow Stats</a>

 

[tomdavis]

One day economist Paul Krugman was standing on the observation deck at the top of a 100-story building. All of a sudden, he grabs the guy standing next to him and leaps off the building, taking the other guy with him.

Krugman is serene as can be, but the guy he pulled over with him is screaming hysterically as they plummet toward the concrete sidewalk below. As they fall past the 50th floor, Krugman calmly says to the guy, "See, I told you there was nothing to worry about."

 

[Eight]

Look at DRYS. The world economy is stagnating. It's the Fed that needs inflation to stay afloat. The middle class wouldn't be all that hurt by some deflation. The Public Sector's tax revenues would fall and their loan payments would effectively be greater so I'm thinking, yeah, inlation, bring it... there's no other way to shrink the Public Sector, can't vote it in..

Check out the Obama economy! Welfare statism at it's best...

http://www.dryships.com/pages/report.asp

 

[Lucrum]

The TRUE inflation rate is something like 8%.

So what's rectum cheering about?