Thursday, April 3, 2008
The GREAT INFLATION COVER-UP & CORRUPT CENTRAL BANKERS
Finally agreement that inflation figures published by the government are false. Core inflation excludes everything that is core! - e.g. it excludes housing inflation, energy inflation, food inflation. Precisey what is core if these things are not! It turns out core is the things we rarely buy, e.g. a fridge you buy only once every ten years, a tv you buy only once every 5 years, etc. Interesting these are lower inflation items. Isn't it interesting how they get the lower inflation figures. Deceptively lower inflation, lower interest rates, fast-and-loose monetary policy, asset-price bubbles, high house price inflation.