Friday, August 14, 2009 8:30:07 AM
Vi - The money they are manufacturing has to be spent. You are not taking into account the velocity of money and the multiplier. Show me some inflation. Where is it?
These figures released this week.
Export Prices - M/M change 1.1 % -0.3 %
Export Prices - Y/Y change -6.4 % -8.1 %
Import Prices - M/M change 3.2 % -0.7 %
Import Prices - Y/Y change -17.4 % -19.
CPI numbers just released and they are flat. No inflation.
Is it in housing, food, clothing, appliances, or electronics? No, prices are falling. The figures are readily available.
Unit labor cost dropped 5.8% this month.
There will not be any inflation for maybe 10 years. Inflation can be controlled much easier than deflation. Deflation is the spiral we are caught in. The coming depression will be a deflationary depression.
These figures released this week.
Export Prices - M/M change 1.1 % -0.3 %
Export Prices - Y/Y change -6.4 % -8.1 %
Import Prices - M/M change 3.2 % -0.7 %
Import Prices - Y/Y change -17.4 % -19.
CPI numbers just released and they are flat. No inflation.
Is it in housing, food, clothing, appliances, or electronics? No, prices are falling. The figures are readily available.
Unit labor cost dropped 5.8% this month.
There will not be any inflation for maybe 10 years. Inflation can be controlled much easier than deflation. Deflation is the spiral we are caught in. The coming depression will be a deflationary depression.
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
