Sat, 11 Feb 2012, 2:01am PST
Like (1) Dislike Comment 4
that inflation is going cra-zeeee?
"I don't believe anything that the Government tells me" - Carlin.
Anybody been to the grocery store lately?
Good question. There's inflation in things people need and deflation in what they don't need.
We have both going on and anybody who's trying to paint a black/white picture on this debate is a liar.
To say there's no inflation is an outright lie.
We have strong deflationary headwinds, but that doesn't mean we don't have any inflation going on at the moment.
that it's going to? or that it did?
What's the gas price in your zip code?
The savers are getting massively hurt. This includes pensioners, fixed income earners, anybody who's been diligent not to get into debt.
Nevertheless, the nation is full of debtors. The political and the banking class will do everything in their power to protect this class.