Bush And Obama Both At 47 Percent App...
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Since: Apr 13

Avon, OH

#28 May 3, 2013
Randy Randersen wrote:
<quoted text>
Inflation is down 25%???? God Randerson you get stupider by the minute. Have you been out of the basement at all? Maybe they out to make you Barber center residents start paying for things. Liberals = the biggest idiots on earth.
Jesus flippin Christ man that wasn't even me you are responding to. You must obsess about me that much.

Also amazing how you continue to say nothing other than liberals are dumb.
Randy Randersen

Guys Mills, PA

#30 May 4, 2013
Randy Randerson wrote:
<quoted text>
Jesus flippin Christ man that wasn't even me you are responding to. You must obsess about me that much.
Also amazing how you continue to say nothing other than liberals are dumb.
Hey stupid, that sums it up rather nicely. Liberals ARE dumb. You are living proof of that. Yes skippy, you love to post your moronic liberal bullsh*t under many aliases. I totally own you scooter.
truth

North East, PA

#31 May 4, 2013
Randy Randersen wrote:
<quoted text>
Inflation is down 25%???? God Randerson you get stupider by the minute. Have you been out of the basement at all? Maybe they out to make you Barber center residents start paying for things. Liberals = the biggest idiots on earth.
Here it is, chump.

http://www.usinflationcalculator.com/inflatio...
Randy Randersen

Guys Mills, PA

#32 May 4, 2013
truth wrote:
<quoted text>Here it is, chump.
http://www.usinflationcalculator.com/inflatio...
Suck on it idiot. Aren't you the same clown who said inflation is down 25%?? HAHAHAHAHAHA

http://inflationhub.com/2013/02/02/do-officia...
Randy Randersen

Guys Mills, PA

#33 May 4, 2013
Is America Hiding Its True Inflation Rate, and Could the U.S. Be as Insolvent as Greece?
Michael Suede in Business

Is America Hiding Its True Inflation Rate and Could the US Be as Insolvent as Greece

CBS News recently reported that the rate of inflation, as calculated by the American Institute for Economic Research (AIER), clocked in at a whopping 8% over the past year. This number is in stark contrast to the relatively modest inflation rate of 3.1% being reported by the government’s Bureau of Labor Statistics.

The AIER calculates what they refer to as an Every Day Price Index (EPI). The EPI only looks at the cost of goods the average household buys every month and factors in only those costs which are subject to price fluctuation. For example, mortgages are typically stable over the course of a year so those numbers are ignored. They wouldn’t change unless a person moves or refinances, so they don’t act as a good measure of inflation from month to month.

Another measure of inflation comes from John Williams’ Shadow Stats. Williams calculates the consumer price index (CPI) using the same model as the government did prior to 1990. Williams also calculates the CPI using the same model as the government did prior to 1980. In each case, the government changed the way it calculated inflation in order to give the appearance of less inflation.

If we calculate the inflation rate the exact same way the government did prior to 1990, the inflation rate is averaging around 6.5%, which is basically double the official rate. However, if we measure inflation the same way the government did back prior to 1980, the inflation rate clocks in at a mind-numbing 11%.



In the current official model, the state makes widespread use of hedonics and substitution to hide real inflation rates. It must do so in order to keep the interest it pays on Treasury Inflation-Protected Securities (TIPS) and Social Security cost of living adjustments low. If the government used real consumer inflation rates, it would become readily apparent that the U.S. is completely insolvent in much the same way Greece is insolvent today.

If other nations should catch on to this, they would begin dumping U.S. treasuries in order to protect themselves from a U.S. default, the same situation Greece is facing today. People don’t want to hold Greek debt because they fear they will not be paid back with money that has any value. In other words, they fear that the Greek state will simply print money to make the interest payments.

It appears that this situation may already be taking place with some major U.S. creditors. The Chinese have dumped over $100 billion worth of U.S. treasuries in the month of December, which is a continuation of a trend that has been going on since April of 2011. Chinese holdings of U.S. treasuries are down $300 billion since April of 2011.

This creates a dangerous situation for inflation. If enough governments dump U.S. treasuries because they fear the U.S. is insolvent, the interest rates will skyrocket unless the Fed prints the money to buy those bonds. However, if the Fed buys the bonds, domestic inflation rates will skyrocket.

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