Replies to post #262445 on Naz News, Gappers and FLE's

[AD]

steviee, inflation as we know it is insidious. Money is printed, lately non stop... and we get less and less for our money (with most things). Items cost more, or products are downsized.

The cost of housing was conveniently left out of many 'inflation' reports, but even with the drop off of highs, housing has eaten up most american's buying power to the point that our money buys us far less than it used to.

I don't care what 'they' say... inflation is chomping away annually.

[George the Greek]

Steviee, I just read that separately a half hour ago.
Interesting how he differentiates between the inflation scenario and the hyperinflation scenario - really clarifies them.

Very frightening and rapid deterioration if that happens.
These doomsday scenarios always scare the sh!t out of me.
Well, not as much as the climate change scenarios...

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In other news, because I am already burning my Tuesday message allotment, look at this news out of Cuba - US could learn something from this initiative to tame the inefficient public sector juggernaut. Will be very interesting to watch how it plays out in Cuba.

Cuba announced Monday it will cast off at least half a million state workers by early next year and reduce restrictions on private enterprise to help them find new jobs

http://finance.yahoo.com/news/Cuba-to-cut-500000-govt-apf-3640894077.html

[MWM]

Are people already buying gold and the precious metals today out for the hyperinflation fears...

something feels strange today...