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93 % of adults polled say that they are losing the battle. That group says that they are paying more for groceries than a year ago. It appears to me that the Fed is doing a real bang up job of holding back inflation.
Even the banksters are getting nervous about all Uncle Ben's money printing :
Quote:
“People didn’t show up for this one,” said Scott Sherman, an interest-rate strategist in New York at Credit Suisse Group AG, one of the 20 primary dealers that are obligated to participate in U.S. auctions. “Increased worry about inflation has to get priced into the long bond, given the Fed’s accommodative stance. For now, there will be apprehension to buy that far out on the curve at these yield levels.”
When the banksters are worried about inflation you know that you should be worried about inflation. CPI is 3.8% measuring it the old way it would be 9%. I know my Lucky Charms are $3.50 a box I had to switch cereals, DAM YOU BARNANKE.
93 % of adults polled say that they are losing the battle. That group says that they are paying more for groceries than a year ago. It appears to me that the Fed is doing a real bang up job of holding back inflation.
It has to do with the price of energy, not the collapse of the dollar. The rise in price this year is the steepest increase since 1974 -- the same year that we had an energy crisis.
Sheesh, are you cheering for the collapse of the economy? You wonder why people think the tea party's insane?
At some point the government will decide that the debt as a percentage of the economy is too high. They will then do what Reagan did and increase the money supply by 200% thus reducing the percentage of debt to 1/3rd of what it was. That will take a lot of inflation but with the Financial Sector running the country it's what we will get
93 % of adults polled say that they are losing the battle. That group says that they are paying more for groceries than a year ago. It appears to me that the Fed is doing a real bang up job of holding back inflation.
That is the biggest understatement of the decade. Food is MUCH more expensive, like about almost double in 3 years!
Yes they could hold down inflation by STOPPING THE PRINTING OF MONEY... but the big spenders in Washington want to keep spending money we don't have. There are all the wars... all the elites and banksters want their bailouts or next to zero percent loans that they don't have to pay back.....They are essentially STEALING from us.
That is why raising the debt ceiling was so IRRESPONSIBLE. Everytime they print money --quantitative easing QE1, QE2 and QE 3, the bailouts and TARP-- it is like we get a new tax which we see in the form of higher and higher and HIGHER and HIGHER prices at the grocery store!
Ron Paul warned about this years ago but nobody wanted to listen (or certainly not ENOUGH people).
What is the incentive for the Federal Reserve to prevent inflation? They benefit from it... so long as the currency doesn't collapse.
Right now there is NO incentive. They see that we are so stupid they can make up any lie they want and Congress will buy it and WE THE PEOPLE just sit IDLEY by and LET THEM STEAL from us.
Some of us are so stupid we'll even vote for Obama again or another status quo candidate that is just as stupid who will KEEPl letting the Federal Reserve run roughshod over us--just as Obama did when he re-appointed Bernanke to the Federal Reserve.
If Congress had a SPINE and shut them down or at least restricted them they wouldn't have a choice! Why should they be able to do whatever they want and make us pay for it????? How DUMB are we to LET them continue to KEEP GETTING AWAY with it????????
It has to do with the price of energy, not the collapse of the dollar. The rise in price this year is the steepest increase since 1974 -- the same year that we had an energy crisis.
Sheesh, are you cheering for the collapse of the economy? You wonder why people think the tea party's insane?
Energy is a small part of it. The Federal Reserve is the MAJOR underlying cause of the problem.
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