Quote:
Originally Posted by teomaxxx
you must be joking ?
USA is one of two countries in the world who doesnt publish M3 reserves, as they stopped few years ago. What doest that tell you?
USA measures of inflation dont involve basic staff, like food and energy, which is more vulnerable to show inflation signs.Every other country measures of inflation involves food and energy.
What does that tell you?
http://www.shadowstats.com/cgi-bin/sgs? |
Core inflation doesn't measure food and energy, because the fed has no control over price stability in those sectors.
Those are things people can't live without and will buy no matter what the fed does. If a head of lettuce costs $10 there's nothing the fed can do to discourage people from buying it, they need it to survive.
The published headline inflation rate does take food and energy into account however, and it is also very very low.