Hyperinflation.... next bubble?
Prices haven't stopped going up, and now they're going up a lot faster than ever before.
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and for weird reasons the dollar is going down vs euro -
Prices should be half now, yet their up. Takes a lot of money printing to do that. Now India is buying physical oil with physical gold. Hyper-devaluation has just begun. The real question noone is asking, “How many barrels per ounce of Gold is India paying?”
I am sure that is a close guarded secret. My bet is it is way more than 17 to 1.ICQ: 470687453
EMAIL: [email protected]
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It's gonna happen, sooner or laterComment
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inflation has not been more than 2% in the last few years in the USAComment
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First of all, the way that they calculate inflation has been totally changed by the government to hide the truth, (if you don't include the changes made to the CPI over the last 35 years, the rate is actually somewhere between 5% and 10%), and secondly, we are exporting most of our inflation offshore through sales of bonds internationally, and the massive shipping of newly printed bills offshore. That will have to come to an end at some point, when the world no longer wants them, and then it's the Wiemar Republic all over again....
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.Michael Sperber / Acella Financial LLC/ Online Payment Processing
[email protected] / http://Acellafinancial.com/
ICQ 177961090 / Tel +1 909 NET BILL / Skype msperberComment
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What are you talking about, we have green shoots and a recovery is juuuuuuuust around the corner!!!?1?1?! ;-)
Meanwhile in reality, prepare accordingly. The wheels are going to fall off.Comment
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I moved my sites to Vacares Hosting. I've saved money, my hair is thicker, lost some weight too! Thanks Sly!Comment
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Michael Sperber / Acella Financial LLC/ Online Payment Processing
[email protected] / http://Acellafinancial.com/
ICQ 177961090 / Tel +1 909 NET BILL / Skype msperberComment
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What prices are up? I haven't noticed.
Seems to me that everything is dirt fucking cheap.Herschel Savage
Brooklyn, NYComment
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bacon is at $4 a pound here. And that is for the non premium bacon. If I want some smoked thicker cut stuff, its more like $7-$9 per lb. Center cut bacon? Forget about it, you are gonna have to shit gold bars to afford that.
A few years ago bacon was 2lbs for $5.
Ricockulous!Have Chargebacks? Send me a message.
ChargebackHelp.comComment
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A few weeks ago I was reading a story about how the middle class is failing in big part because prices have been rising much faster than than wages.
Since 1980 the average wage in the US has gone up about $6000 per year (interesting enough $4500 of that came during Clinton's terms). That works out to an average increase of about 15 cents per hour per year. Not good. At the same time the costs of housing, as you would expect, has also gone up. The problem is that the cost of the average home in the US has gone up an amount that works out to be about 90 cents per hour.
That wouldn't be so bad if housing was the only thing to skyrocket in cost, but we also have healthcare, cost of food, cost of transportation and pretty everything else. The article showed that the average US household's disposable income is about 75% smaller than it was in 1980. This causes those households to get more debt. Where they used to pay for a vacation or a new TV or school clothes for the kids or even a college education with cash before now they use credit.
It was a pretty depressing article that essentially said if things continue on as they are eventually it will break the back of the middle class and cause even more economic problems than we already have.Comment
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A Wells Fargo analyst, a true lone bear is saying that stocks will plummet by 16% before the end of the year wiping out the year's gains.
http://finance.yahoo.com/news/stocks...112421641.htmlComment
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I have to believe its so a crash has to be coming.Comment
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I think you're a good person, but sometimes I feel like you just don't give a shit if *you* aren't affected. Hurricane? Who cares, *my* house is fine.
Spying on everyone? It's okay, because *I* have nothing to hide.
Prices going up? Ha! I can afford it, I haven't even *noticed*.
If you haven't noticed any of this (after most of your neighbours were foreclosed on) then I have to wonder if you're just not paying attention, or blissfully ignorant, or what?Comment
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Alot of people are not seeing it. We've been noticing for the last couple of years that grocery items are going up slightly and the quantities are shrinking. Pretty soon a gallon of milk will be a quart. Joking. But maybe you know what I mean. Veggies are still cheap in LA but you have to be extra careful to get the excrement off. Farmers gotta cut corners somewhere.
- Our 1960's luxury apartment goes up in price once a year at the rent controlled/limited max. 
The scumlord is the Clippers owner. No surprise.
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Approach the mirrored reflection saying his name three times : "Butcher .... Butcher .... Butcher ....."
and wait to see if this Bogeyman urban legend manifests in the background, looming over shoulder
While your neighbors were busy killing off everyone in the neighborhood
with your own butcher knife in hand concealed behind your back
you stood for
ever before the window saying
nothing
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Minimum wage most likely is going to increase a lot due to this issue.Comment
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