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Well that's good news then because the CPI figures show food going up 4% last month (adjusted) as well as medical and energy.
Glad to see they think prices will come down.
Dude, are you serious? Firstly, the CPI includes far more than food and medical. So, no he is not talking about prices doing down
Secondly, food did not go up 4% last mouth. I have no idea where you got that idea. The 12-month adjusted rate is currently 3.3%, but the it has been declining for the last 3 months it was flat for the 3 months before that. The 3-month adjusted rate is -1.7%.
Dude, are you serious? Firstly, the CPI includes far more than food and medical. So, no he is not talking about prices doing down
Secondly, food did not go up 4% last mouth. I have no idea where you got that idea. The 12-month adjusted rate is currently 3.3%, but the it has been declining for the last 3 months it was flat for the 3 months before that. The 3-month adjusted rate is -1.7%.
And I quoted that 4% without reading..4% is much closer to 3.3% then what you posted..inflation near 1.2% in 2009.
Dude....Food is not the only component to the CPI.
And a 3.3% 12-month adjusted rate is no where near food prices increasing 4% last month as you stated.
The current 12-month adjusted CPI is currently -.7%, which as I recall, is greater than 1.2%. The guy is predicting that the current downward swing in prices is going to stop and see a rather moderate increase the last half of this year.
Its amazing that people are yelling about hyperinflation in response to his predictions! Nobody even read it! haha...
Have you checked out the increase in things like
The price of gas, and not the gas you buy, but on the market?
The price of bonds?
The value of the dollar or the dollar index?
The increasing amount of US Treasury Auctions?
If the value of the market goes up, and the value of the dollar goes down, your still behind..
With teh low interest rates the fed is keeping ;like always that and the huge deficit with cause hyper inflation as always happens in these circumstances. It is like to happen just as the econmoy starts recovering in about two years is my estimate. inflation could start sooner tho.
With teh low interest rates the fed is keeping ;like always that and the huge deficit with cause hyper inflation as always happens in these circumstances.
As always happens? Where is the inflation in Japan? Is it hiding under a tree?
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