Gerald Celente - Bank-Pay-Back Scam Another Criminal Cover-Up

[tonym987]

Can anyone explain how or why inflation is so low in the U.S. when they have increased the money supply so drastically? It would seem to me that if you come close to doubling the money supply around the world in U.S. dollars then why isn't inflation around 100%

[kalium456]

for the same reason why we are in this mess: there is no big investment opportunity in the real economy and they are largely only filling up the holes...

additionally, their mbs purchases are indirect treasury purchases -- something the fed is forbidden to do directly.

[Exposethefrauds]

tony, there is no inflation because credit is contracting at an even faster pace. Be careful with these hyperinflation people. This past 30 year boom in America was from excess credit, not currency. Credit and debt is imploding. When that happens, all those dollar dissapear. Look at houses that are now 200k that were 400k 4 years ago. Thats 200k that dissapeared right out the door.

[JerryGing]

Beware of the CPI. It is based on an assumption that we are continually substituting substandard goods for quality goods. I have to agree with Peter Schiff that real inflation for most people is around 8%. At that rate, our wages need to double in nine years or our standard of living will take a huge drop. What we are likely to see with the money printing is rising prices on things that we need (food, clothing, shelter, medicine). Prices for things that are not necessities may fall.