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Us Inflation Close To Zero

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http://www.bbc.co.uk/news/business-11776741

THEY NEED TO PRINT REAL MONEY, not keep swapping a dollar for another dollar paid for by the same another dollar.

The shuffle does not create inflation, if you want inflation, good inflation, inflation to get things moving, productive inflation then you need to cut taxes, hand a tax refund cheque to all and sundry.

Will it happen................................. will it f00k, its all smoke and worker harder for longer for less...................Mirrors, you ain't gettin free cash init....

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Inflation is not zero or anything close to Zero.

True inflation levels in the US are closer to 8-10% (see shadowstats). Apparently the people who compile the inflation statistics in the US don't buy food or energy etc.

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Inflation is not zero or anything close to Zero.

True inflation levels in the US are closer to 8-10% (see shadowstats). Apparently the people who compile the inflation statistics in the US don't buy food or energy etc.

Exactly. This is the EBITDA of sovereign metrics.

"excludes volatile food and fuel prices" I guess this measure just includes real estate and iPads then....

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Inflation is not zero or anything close to Zero.

True inflation levels in the US are closer to 8-10% (see shadowstats). Apparently the people who compile the inflation statistics in the US don't buy food or energy etc.

Don't turn this into a friggin gold ramping thread, sick of hearing about gold.

QE is all about encouraging risk, encouraging cash into risk, encouraging people out of cash with the threat of inflation, all about talking down the dollar, devalueing the currency.

Yes i agree, food and energy are north of 5%, purely down to speculation in commodities nothing to do with the cost of wages going north. Money is looking for yield, no value around, no yield around, so speculation in hard and soft commodities, you know all about that, you are one of those speculating, similar to the BTL brigade in the early noughties.

They target wage inflation nowt else, its what people earn that matters to them, not what things cost you see. Wage inflation is close to zero, sooner or later this will have an effect in demand, the downward deflationary spiral.

You can speculate all you want, just make sure you get out at the top, or you could be looking at huge losses relative to your maximum gains at the top of the speculative bubble.

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Don't turn this into a friggin gold ramping thread, sick of hearing about gold.

QE is all about encouraging risk, encouraging cash into risk, encouraging people out of cash with the threat of inflation, all about talking down the dollar, devalueing the currency.

.... Money is looking for yield, no value around, no yield around, so speculation in hard and soft commodities, you know all about that, you are one of those speculating, similar to the BTL brigade in the early noughties.....

You can speculate all you want,...

according to your logic, the fed is trying to get people to invest in gold

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Thats funny. All i read on US forums is bitching about the price of fuel (admittedly cheap compared to here, but not so much when youve got a pick up truck and 5 litre SUV to refill) and how much more a gallon of milk costs compared to a few months ago.

0.6%?

Sounds like their inflation stats make ours look almost believable!

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A lot of prices are falling in the US as big retailers like Wal-Mart drop their prices to encourage people to spend for the xmas break. Like the UK the US is dependent on consumer spending so prices have to drop to get it back on track. Food is going up as it is not a discretionary purchase and affects the poor most so no one cares. Food prices will continue to rise as the environment gets worse and more grain and biomass is used for vehicular fuel instead of foodstuff. The free market loons that think QE is driving inflation will continue to focus on the prices rises that convince them they are right and the figures will continue to give a different view. In the end it doesn't matter what you think about QE and so on - the poor will get screwed more and more and the rich will suffer the least, if at all.

House prices are close to zero in some parts of the US. Still people are struggling and the houses are unsold as no one wants them. Where the US goes the UK follows. be careful what you wish for :D

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A lot of prices are falling in the US as big retailers like Wal-Mart drop their prices to encourage people to spend for the xmas break. Like the UK the US is dependent on consumer spending so prices have to drop to get it back on track. Food is going up as it is not a discretionary purchase and affects the poor most so no one cares. Food prices will continue to rise as the environment gets worse and more grain and biomass is used for vehicular fuel instead of foodstuff. The free market loons that think QE is driving inflation will continue to focus on the prices rises that convince them they are right and the figures will continue to give a different view. In the end it doesn't matter what you think about QE and so on - the poor will get screwed more and more and the rich will suffer the least, if at all.

House prices are close to zero in some parts of the US. Still people are struggling and the houses are unsold as no one wants them. Where the US goes the UK follows. be careful what you wish for :D

The free market loons that think QE is driving inflation will continue to focus on the prices rises that convince them they are right and the figures will continue to give a different view. In the end it doesn't matter what you think about QE and so on

Exactly a very neat and tidy post, i am in agreement..............................

Edited by Panda

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One of my favourite blogs Maxedoutmama reckons the US economy is contracting unexpectedly and that commodities will take a hit. She's very good, a number cruncher like Calculated Risk, but with right wing politics instead of left - take a look at the 17 Nov entry - seems the Fed anticipated this with its QE2 announcements:

http://maxedoutmama....01_archive.html

Edited by okaycuckoo

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according to your logic, the fed is trying to get people to invest in gold

HPC...........Looking forward to GPC, no different just different animal in speculation................Never learn speculative fools

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HPC...........Looking forward to GPC, no different just different animal in speculation................Never learn speculative fools

Just answer my question please

Edited by Sledgehead

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Just answer my question please

Coffee beans...................Silver..............................Pork Bellies.......................................Tins of Heinz Baked Beans................. For F00k sake shut the f00k up about Gold, talk about trying to convince the insane?

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Coffee beans...................Silver..............................Pork Bellies.......................................Tins of Heinz Baked Beans................. For F00k sake shut the f00k up about Gold, talk about trying to convince the insane?

I'm just interested in how your mind works. You should be flattered. What's the harm in answering it directly?

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Don't turn this into a friggin gold ramping thread, sick of hearing about gold.

LOL! You mentioned it first! If you're so tired of hearing about it why did you mention if first in this thread!

:blink::lol::lol:

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Don't turn this into a friggin gold ramping thread, sick of hearing about gold.

Will you quit with your paper obsession.

The rest of us are sick of hearing how bits of paper and ink are actually suposed to be going up in value when clearly they are not..

Just give it a rest..

BTW you mentioned gold first - you must be allergic to it.

Shame, still at least you can eat your bits of paper.

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A few like me can see the printing is just too litte relative to the credit unwind, so it is leading to deflation. There is always the constant improvement in production which often even people who understand the money system don't factor in. Remember it has been 2 years now since the credit meltdown. Technology has advanced a fair ways in those 2 years. Productivity is up at least 5% since then.

When I see the US stepping up with ~4 trillion a year of printing and borrowing, then I will stop being a deflationista.

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A few like me can see the printing is just too litte relative to the credit unwind, so it is leading to deflation. There is always the constant improvement in production which often even people who understand the money system don't factor in. Remember it has been 2 years now since the credit meltdown. Technology has advanced a fair ways in those 2 years. Productivity is up at least 5% since then.

When I see the US stepping up with ~4 trillion a year of printing and borrowing, then I will stop being a deflationista.

tell me, when was the last time you went into a shop, and said...hey Mr Shopkeeper, I think your (identical) item is too cheap, so Im going next door to pay the higher price?

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And this is Japanese figure in the usual doggy CPI. 1990 - 2010, prices up 7% in yen term (which shot up 50%).

2010 prices is around 0.5% less than 2009, but the real world prices must have been positive.

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual

2010 99.4 99.3 99.6 99.6 99.7 99.7 99.2 99.5 99.8

2009 100.7 100.4 100.7 100.8 100.6 100.4 100.1 100.4 100.4 100 99.8 99.6 100.325

2008 100.7 100.5 101 100.9 101.7 102.2 102.4 102.7 102.7 102.6 101.7 101.3 101.7

2007 100 99.5 99.8 100.1 100.4 100.2 100.1 100.6 100.6 100.9 100.7 100.9 100.317

2006 100 99.7 99.9 100.1 100.4 100.4 100.1 100.8 100.8 100.6 100.1 100.2 100.258

2005 100.1 99.8 100.1 100.2 100.3 99.9 99.8 99.9 100.2 100.2 99.8 99.9 100.017

2004 99.9 99.9 100.1 100.1 100.2 100.4 100.1 100.2 100.5 101 100.8 100.3 100.292

2003 100.2 99.9 100.2 100.5 100.7 100.4 100.2 100.4 100.5 100.5 100 100.1 100.3

2002 100.6 100.1 100.3 100.6 100.9 100.8 100.4 100.7 100.7 100.5 100.5 100.5 100.55

2001 102 101.7 101.5 101.7 101.8 101.5 101.2 101.6 101.4 101.4 100.9 100.8 101.458

2000 102.4 102 102.2 102.5 102.6 102.4 102 102.4 102.2 102.2 101.9 102 102.233

1999 103.1 102.7 102.8 103.3 103.3 103 102.6 102.9 103.2 103.4 102.8 102.5 102.967

1998 102.9 102.8 103.2 103.4 103.7 103.3 102.7 102.6 103.4 104.1 104 103.6 103.308

1997 101 100.8 100.9 103 103.2 103.2 102.8 102.9 103.6 103.9 103.2 103 102.625

1996 100.4 100.2 100.4 101 101.2 100.9 100.8 100.7 101.1 101.3 101 101.1 100.842

1995 100.9 100.6 100.5 100.8 101 100.9 100.4 100.5 101.1 100.8 100.5 100.5 100.708

1994 100.4 100.4 100.8 101 101.1 100.7 100.3 100.7 101 101.5 101.2 100.9 100.833

1993 99.1 99.2 99.5 100.2 100.3 100.2 100.5 100.7 100.8 100.7 100.2 100.3 100.142

1992 97.9 97.8 98.3 99.3 99.4 99.3 98.6 98.9 99.3 99.4 99.2 99.2 98.8833

1991 96.2 95.9 96.4 97 97.4 97.1 97 97.2 97.3 98.4 98.6 98.1 97.2167

1990 92.5 92.6 93 93.8 94.2 93.9 93.7 94.1 94.8 95.8 95.7 95.6 94.141

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Will you quit with your paper obsession.

The rest of us are sick of hearing how bits of paper and ink are actually suposed to be going up in value when clearly they are not..

Just give it a rest..

BTW you mentioned gold first - you must be allergic to it.

Shame, still at least you can eat your bits of paper.

LOL! You mentioned it first! If you're so tired of hearing about it why did you mention if first in this thread!

:blink::lol::lol:

Very good, the two biggest gold rampers on here, your like one of the pyramid ponzi sellers, you must get all and sundry to buy into you scheme otherwise its just falls apart top down..........................

As for paper, no, i am obsessed with wages, something you do, something productive, something which when an end product is produced creates a chain of wealth leading to a country which can build on this wealth creating activity.

Not like borrowing money, or spending ones savings to speculate on houses increasing in value or buying bits of paper that say you own this piece of shiny metal which you will probably never see.

Speculation, in other words sit there ramping, doing nothing else but ramping. The site was set up to debate how a HPC would be ignited, now we need another site to debate how GPC will be ignited.

I just don't see what you bring to the table, constant rmping your little ponzi gold stash, its not even enlightening in any way, quite boring. Fine if thats to poison, but you do not have to keep trying to pursuade all and sundry that it is the answer to all lifes financial woes, and a quick way to defend your wealth...............

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Very good, the two biggest gold rampers on here, your like one of the pyramid ponzi sellers, you must get all and sundry to buy into you scheme otherwise its just falls apart top down..........................

As for paper, no, i am obsessed with wages, something you do, something productive, something which when an end product is produced creates a chain of wealth leading to a country which can build on this wealth creating activity.

Not like borrowing money, or spending ones savings to speculate on houses increasing in value or buying bits of paper that say you own this piece of shiny metal which you will probably never see.

Speculation, in other words sit there ramping, doing nothing else but ramping. The site was set up to debate how a HPC would be ignited, now we need another site to debate how GPC will be ignited.

I just don't see what you bring to the table, constant rmping your little ponzi gold stash, its not even enlightening in any way, quite boring. Fine if thats to poison, but you do not have to keep trying to pursuade all and sundry that it is the answer to all lifes financial woes, and a quick way to defend your wealth...............

Utterly clueless, ranting, raving foaming at the mouth stuff.

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And this is Japanese figure in the usual doggy CPI. 1990 - 2010, prices up 7% in yen term (which shot up 50%).

2010 prices is around 0.5% less than 2009, but the real world prices must have been positive.

Can you clarify what you mean by real world prices? I don't understand.

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Us Inflation Close To Zero

Ahh...

General Mills, Kraft forced to raise prices to offset commodity costs

Food price fears as US warns on crop yields

Power price hikes to blame for cost of living rise

Cost of Living Rises in the U.S.

I'm sure the official inflation statistics are close to zero. Much in the same way that U.S. unemployment magically stays below 10%, despite opinions to the contrary.

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Us Inflation Close To Zero

Ahh...

General Mills, Kraft forced to raise prices to offset commodity costs

Food price fears as US warns on crop yields

Power price hikes to blame for cost of living rise

Cost of Living Rises in the U.S.

I'm sure the official inflation statistics are close to zero. Much in the same way that U.S. unemployment magically stays below 10%, despite opinions to the contrary.

When they say "inflation" they mean the cost of human labour or effort, they mean wages, they do not target cost of goods and services, these fluctuate far too much, whereas wages flag red when going north.

So when they say low inflation or zero inflation they mean wage inflation, nowt else. So while no one is borrowing and no one is lending and no one is getting any wage inflation, then we will see ZIRP the "digital money shuffle" QE, and a constant reminder that DEFLATION is here..............................

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  • 261 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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