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View Full Version : September= 225% annualized Inflation rate!


FNfreak
October 05, 2010, 16:05
From KD thread on dollar debasement.... http://market-ticker.org/akcs-www?post=168291


Here's the money quote;

Incidentally a 7% monthly rate compounded over the year implies a225% annualized inflation rate, which is the gain you'd have to have in your salary to keep pace with this crap.

gates
October 05, 2010, 16:20
awesome isnt it - everybody sees a 200 pt rise in the DOW and they get all giddy until you point out what happened to the $ today and their purchasing power along with it - then the giddy goes away if they have two braincells to rub together...

2barearms
October 05, 2010, 17:15
Originally posted by gates
awesome isnt it - everybody sees a 200 pt rise in the DOW and they get all giddy until you point out what happened to the $ today and their purchasing power along with it - then the giddy goes away if they have two braincells to rub together...

Fuzzy Math Rules:D

FNfreak
October 05, 2010, 17:43
Actually it sucks...these numbers are based on Fuel/Food/Dollar debasement, and NOT plotted AGAINST DEFLATION in the cost of other goods and services so it really isn't 220% , but even at 1/2 that it SUCKS!!!!

The RICH and wealthy don't feel food and fuel prices like the average "Joe" does...THE ONLY one benefiting from QE in any form are the politicians (via campaign donations from....) Wall Street investment Banks...everyone else who actually PRODUCES WEALTH through work, sweat and innovation/creation is SCREWED. This is a case of the LEECHES sucking the last drop of blood from the host before we all die!!! (at which time Wall Street will figure out a way to attach to whoever is LEFT...China maybe....and suck them dry for the next 50 years!)

bakerjw
October 05, 2010, 18:56
Buy your bullets while they're still semi cheap.

MtnWulf
October 05, 2010, 20:27
Cheap?

Bulk pack .22s are more than twice what they were just over a year ago.

gates
October 05, 2010, 23:19
You guys catch onto what the grocery stores are doing to hide this inflation... they are reducing portion size in their packaging while maintaining the old price-
eventually the public will take notice.

rowjimmy
October 06, 2010, 10:05
Originally posted by gates
You guys catch onto what the grocery stores are doing to hide this inflation... they are reducing portion size in their packaging while maintaining the old price-
eventually the public will take notice.

Gates, that's been going on for a while... also, notice the disappearance/decline of the dollar menu at fast food restaurants? It's coming, eventually...