Inflation is certainly picking up. The 10 year is about to pop 3%...that'll do wonders for our debt payments. Just think - all of this is with just a whisper of "taper", and no real action yet. I think we can safely put to rest the horseshit theory that there's no inflation expectations because bonds are so low, and it's not because the Fed is buying up over half the market. "Just look at bonds!" Laf.
Inflation at 53-year low as QE money printing rages unabated!
- Thread starter Ricter
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Inflation is certainly picking up. The 10 year is about to pop 3%...that'll do wonders for our debt payments. Just think - all of this is with just a whisper of "taper", and no real action yet. I think we can safely put to rest the horseshit theory that there's no inflation expectations because bonds are so low, and it's not because the Fed is buying up over half the market. "Just look at bonds!" Laf.
They have learned well from their comrades across the pond. Is their unemployment comrades? Nyet! Is their inflation comrades. Nyet!
If the figures don't tell the story you want, change the numbers, or better yet, just don't count them at all. Nobody eats, uses fuel, or has rent/mortage to pay. There is no portion sizing going on at the supermarket. See, this food is still 2 bucks. It's half the size it used to be, but pay no attention to that. Viola, there's no inflation.
If the figures don't tell the story you want, change the numbers, or better yet, just don't count them at all. Nobody eats, uses fuel, or has rent/mortage to pay. There is no portion sizing going on at the supermarket. See, this food is still 2 bucks. It's half the size it used to be, but pay no attention to that. Viola, there's no inflation.
Census: State and Local Income, Sales, Motor Fuel, Motor Vehicle, and Alcoholic Beverage Taxes Hit All-Time Highs in 2nd Quarter
- See more at: http://cnsnews.com/news/article/ter...r-fuel-motor-vehicle-and#sthash.uQOwPz83.dpuf
It's a good thing taxes don't count toward inflation. Do they?
- See more at: http://cnsnews.com/news/article/ter...r-fuel-motor-vehicle-and#sthash.uQOwPz83.dpuf
It's a good thing taxes don't count toward inflation. Do they?