Inflation kept in check

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  • kernelpanic
    Too lazy to set a custom title
    • Jan 2005
    • 2961
    #1

    Inflation kept in check

    http://www.chicagotribune.com/busine...syourmoney-hed


    But for how long? With the current massive defecits, I don't know how much longer this can go on. The dollar is going to hit a brick wall soon, and I just hope that it isn't as bad as it could be. Given the current US spending, we can only hope for a quick recovery when an administration with some monetary sense comes into office.




    Is it time to begin buying gold and pounds sterling?


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    • kernelpanic
      Too lazy to set a custom title
      • Jan 2005
      • 2961
      #2
      Aww damn, I guess everyone just doesn't want to discuss monetary policy today.


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        • NKYKev
          Confirmed User
          • Jul 2005
          • 283
          #3
          If you read the article, it notes that core inflation does not include "food and energy costs." Putting it mildly, excluding these two categories does not give an accurate picture of the impact of inflation on the average American.

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            • sickbeatz
              The Hustler
              • Feb 2005
              • 4993
              #4
              I remember on the 1st of January. The US treasury announced that in 2 months the US government will no longer have enough money for daily operation

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                • Doctor Dre
                  Too lazy to set a custom title
                  • Jan 2001
                  • 51692
                  #5
                  Originally posted by socalkev
                  If you read the article, it notes that core inflation does not include "food and energy costs." Putting it mildly, excluding these two categories does not give an accurate picture of the impact of inflation on the average American.
                  Exactly ...

                  and the US $ dropped so much value compared to other currencies...
                  Originally posted by rayadp05
                  I rebooted, deleted temp files, history, cookies and everything...still cannot view the news clip. All I see is that fucking gay ass music video from "Rick Roll". Anyone else have a different link to the news clip?

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                    • Doctor Dre
                      Too lazy to set a custom title
                      • Jan 2001
                      • 51692
                      #6
                      Originally posted by sickbeatz
                      I remember on the 1st of January. The US treasury announced that in 2 months the US government will no longer have enough money for daily operation
                      Was that real or a hoax ? I don't really beleive that...
                      Originally posted by rayadp05
                      I rebooted, deleted temp files, history, cookies and everything...still cannot view the news clip. All I see is that fucking gay ass music video from "Rick Roll". Anyone else have a different link to the news clip?

                        Comment

                        • nico-t
                          emperor of my world
                          • Aug 2004
                          • 29903
                          #7
                          i read the US doesnt give out their dollar printing stats in public anymore. That means they can print as much as they want when they need more, it also means that the dollar will decrease in value majorly.. very fucked up for us webmasters out of the US.

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                            • reynold
                              Too lazy to set a custom title
                              • Oct 2002
                              • 51271
                              #8
                              These are hard times... Inflation rates keep on rising.

                                Comment

                                • NKYKev
                                  Confirmed User
                                  • Jul 2005
                                  • 283
                                  #9
                                  Originally posted by Doctor Dre
                                  Was that real or a hoax ? I don't really beleive that...
                                  If the issue was whether the US debt ceiling would be broken, it already has been. It just means that they will pass another extension of our debt ceiling and print more money - of course, this does not cause any inflation.

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