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Re: basserdan post# 29071

Tuesday, 08/02/2016 9:54:13 AM

Tuesday, August 02, 2016 9:54:13 AM

Post# of 45226
I strongly disagree with the low inflation scenario. First of all there are two kinds of inflation, demand pull, which we don't have in an Obama economy, but also cost push inflation cause from a falling dollar and rising commodities prices. That we now have and it is hidden, for now. The government changes the make up of the index to make it low better than it is. Example, they use the cost of a home factored in by the home loan, or the monthly payment. In the past they would use the cost of comparable homes. Right now housing prices are way up for the year as well as the loan payment and that is a big part of people's lives. So, the only way inflation stays low is by rigging the index.

Point two. >>> There is a big drive to get the minimum wage up to $15.00 and a couple days ago I heard $20 for the first time. Back in the days when media and government was 50% honest, verse the 10% honesty today, they used to say that raising the minimum wage just cause an equal amount of inflation. You don't hear that today. Yesterday it went to $9.50 from $9.00 yesterday where I live. I live in a suburb of Minneapolis. Taxeapolis is about to raise it to $15.00.

I believe the insiders are quietly loading up on commodities, put a huge part of my savings on food in the RJA fund. Gold is too much manipulated for me, but it should go up as well. Imagine a minimum wage of $15.00 from here at $9.50. That is a 57% increase for farmers to pay the immigrant laborers, some food processors will pay more, and those making $12.00 now at many companies all up the chain must raise prices.No inflation on the horizon, BS.

http://www.shadowstats.com/alternate_data/inflation-charts

http://stockcharts.com/h-sc/ui?s=RJA&p=D&yr=5&mn=0&dy=0&id=p54809835893

Why should wheat by 25% of the cost of 10 years ago? I say manipulation is part of it.

http://www.finviz.com/futures_charts.ashx?t=ZW&p=m1


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