According to the CPI, inflation is just around 1% a year.
Here're some figures that support the claim:
2010-2014:
College costs up 40%
Gold up 37%
Silver up 44%
Pork chops up 25%
Chicken up 10%
Hot dogs up 18%
Ground beef up 43%
Gas up 70%
Milk up 130%
Coffee up 43%
Cotton up 54%
Friday, May 9, 2014
Spin it positively!
I get amused by market commentators sometimes.
Journalist on bloomberg:
"US unemployment rate falls to 6.3%, the lowest SINCE september 2008."
"288k, the best number we've see SINCE jan 2012."
"But the participation rate drop to 62.8%, the civilian labour force dropping by almost 800k"
Participation rate is the lowest SINCE when? Since 1978. Of course it isn't mentioned. Gotta keep a positive spin to it. (Absent the convenient kicking of people out of the labour force statistic, the unemployment rate is well above 10%)
Journalist on bloomberg:
"US unemployment rate falls to 6.3%, the lowest SINCE september 2008."
"288k, the best number we've see SINCE jan 2012."
"But the participation rate drop to 62.8%, the civilian labour force dropping by almost 800k"
Participation rate is the lowest SINCE when? Since 1978. Of course it isn't mentioned. Gotta keep a positive spin to it. (Absent the convenient kicking of people out of the labour force statistic, the unemployment rate is well above 10%)
US VS RUSSIA
There has been so much news against Russia in the mainstream media. Here I would like to add some other perspectives:
The US wanted regime change in the democratically-elected government of Ukraine (among other countries) since 2004.
Known US funding of foreign political parties in:
italy, phillipines, lebanon, indonesia, vietnam, guyana, japan, nepal, laos, brazil, dominican republic, guatemala, bolivia, chile, portugal, australia, jamaica, nicaragua, haiti, bulgaria, mongolia, russia, bosnia, yugoslavia, bolivia, slovakia, georgia, el salvador, afghanistan, iraq, ukraine
Known US covert regime change in:
hawaii, russia, italy, cuba, syria, guatemala, tibet, iran, indonesia, lebanon, nepal, congo, bolivia, jamaica, iraq, dominican republic, south vietnam, brazil, ghana, greece, cambodia, chile, argentina, afghanistan, turkey, nicaragua, poland, bulgaria, mongolia, venezuela, georgia, libya, ukraine.
~source: Rogue State
And yet,
US Code Amended, Article 2, Section 441 E(A):
"It shall be unlawful for a foreign national to make any contribution of money in connection with political office"
The US wanted regime change in the democratically-elected government of Ukraine (among other countries) since 2004.
Known US funding of foreign political parties in:
italy, phillipines, lebanon, indonesia, vietnam, guyana, japan, nepal, laos, brazil, dominican republic, guatemala, bolivia, chile, portugal, australia, jamaica, nicaragua, haiti, bulgaria, mongolia, russia, bosnia, yugoslavia, bolivia, slovakia, georgia, el salvador, afghanistan, iraq, ukraine
Known US covert regime change in:
hawaii, russia, italy, cuba, syria, guatemala, tibet, iran, indonesia, lebanon, nepal, congo, bolivia, jamaica, iraq, dominican republic, south vietnam, brazil, ghana, greece, cambodia, chile, argentina, afghanistan, turkey, nicaragua, poland, bulgaria, mongolia, venezuela, georgia, libya, ukraine.
~source: Rogue State
And yet,
US Code Amended, Article 2, Section 441 E(A):
"It shall be unlawful for a foreign national to make any contribution of money in connection with political office"
Don't worry folks, the economy is improving
The market loves to feel optimistic and ignore all bad data.
http://www.bloomberg.com/news/2014-04-30/fed-says-economy-has-picked-up-as-it-trims-bond-buying-further.html
http://www.bloomberg.com/news/2014-04-30/fed-says-economy-has-picked-up-as-it-trims-bond-buying-further.html
Record corporate cash... record-er corporate debt.
We hear so much about record corporate cash. How about corporate debt?
http://www.zerohedge.com/print/487894
Am looking to make some shorts on stocks/corporate bonds soon.
http://www.zerohedge.com/print/487894
Am looking to make some shorts on stocks/corporate bonds soon.
Japan trade deficit quadruples
http://www.bbc.com/news/business-27099942?SThisFB
Isn't cheapening the currency supposed to help exports?
Isn't cheapening the currency supposed to help exports?
Print faster, Kuroda!
http://dollarcollapse.com/japan/amazing-story-from-japan/
"For a day and a half this week, the Japanese government’s benchmark 10-year bonds attracted not a single successful private sector bid...The rest of the world now refuses to lend money for ten years at 0.6% to a government whose debt is 200% of GDP and rising"
Come on Kuroda. Print faster!!
"For a day and a half this week, the Japanese government’s benchmark 10-year bonds attracted not a single successful private sector bid...The rest of the world now refuses to lend money for ten years at 0.6% to a government whose debt is 200% of GDP and rising"
Come on Kuroda. Print faster!!
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