THIS IS NOT A “THAT’S WHAT SHE SAID” JOKE …
|| By FITSNEWS || Charles Hugh Smith from the Of Two Minds website has a great post up this week debunking the “zero inflation” myth – and the shredding the “stable prices” narrative we keep hearing from the Federal Reserve.
His conclusion? Stuff is more expensive. A lot more expensive.
Oh, he’s got charts to prove his point too …
First, here’s inflation as measured by the consumer price index …
Here’s a look at soaring urban area rents …
And here’s your state and local tax bill …
Yikes …
“I sure am glad there’s no inflation, because these ‘stable prices’ the Federal Reserve keeps jaw-jacking about are putting us in a world of hurt,” Smith concluded. “If we had honest-to-goodness inflation, that would push us right over the edge.”
Bottom line? If it feels like it’s harder to make ends meet these days that’s because it is.
13 comments
Dude, that works out to be a 2.17% CPI inflation rate and 3.01% on rent. Really not that bad. I believe that inflation is taxation in disguise, but you are just trying to rabble-rouse with graphics.
Dude, I’m watching WWE…no time for rousing.
Yeah but did you Google an interest calculator or do it yourself?
(1+i)^15 = 1 + 0.38
ln((1+i)^15) = ln1.38
15ln(1+i) = ln1.38 ___ ln1.38 = 0.3220835
ln(1+i) = 0.3220835 / 15
ln(1+i) = 0.0214722
1+i = e^0.02147221
1+i = 1.0217044
i = 1.0217044 – 1
i = 0.0217044
i = 0.0217044 * 100%
i = 2.17%
w4uti+seswrws=2=strgsg===sers++srgtsrgnosr
sreafwr999999+++3wtrtw
_2wew3e33—erawrw
fsrsrg
aerwt4wq4rw
wrtw4r–
Fuck You. LMAO!
So,we’re supposed to believe any fucking shit that’s on the internet,cause you said so?
If you want to make ends meet,try ‘docking’:The act of placing the head of ones penis inside the foreskin of another’s penis.
David and Patrick enjoyed docking immensely because of Patty’s stretchy foreskin.
I don’t know if or why I might have needed to know that but (sadly) now I do. One thing about this site, it is certainly educational.
Learn something new every day, whether I wanted to or not…
Live and learn;)
Fits..Quit having kids. They’re expensive. The rest of us who can control our jizms figured it out.
The problem is not inflation. It is personal income growth and the growth for each quintile of the population.
The Problem is YOU. Go suck a deek.
……..…../´¯/)……….. (¯`
…………/….//……….. …\….
………../….//………… ….\….
…../´¯/…./´¯………../¯ `….¯`
.././…/…./…./.|_……_| .….….……
(.(….(….(…./.)..)..(..(. ….)….)….).)
.……………./…/….. ../……………./
..…………….. /……..……………..…/
….…………..(………. ..)……………./
“The problem is not inflation.”
lol
She’s going to have to give up eye shadow.
But it’s for a good cause – the war in Iraq.