Inflation will be 10% by December 2011 and remain above 10% for 3 years+
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@Atlanticcmsi Thanks for the post. If you read the post it was not my prediction but Milton Friedmans. However, it appears the world is accumulating dollars when they should be dumping them. Due to Euro-crisis many in Europe went to the dollar and many in countries like Argentina are going to dollar.
However, I think there might be a better indication z.3 from the z.1 tables. Also Jeremy Seigel lists real productivity at a 6%.
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housing!!????? HAHAHAHA
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Walmart CEO Bill Simon, March 31, 2011, "Inflation is going to be serious."
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@chuck3377 The people can always elect a new government. Today in the USA we have the rich elite unions running everything, which is far worse than corporate run government. The public sector employee makes more than the private sector employee. All corporations are owned by people btw, and public corporations by the public. IMHO, we should cut the staff of the federal government by at least 95% to end the union tyranny on the people. All teachers should be on vouchers.
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@pirucreek In a democracy the "GOVERNMENT" is the people, and the people get what they want via voting. This is oviously not a democracy here, in argentinia the govt was overthrown by the cia and penoche was installed because the peoples demcracy was getting in the rich eltie corporate agenda's way. He the same thing happened, real democracy by the people get in the way of the elite facist corporate agenda, so we have fake democracy, just like wwe wreslting its fake. Corporate facism ruinedus
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January M1 is at 2.23 trillion. In 3 months from the October post delta M1 is annualized 14.3% over those 3 months.
pirucreek 1 week ago in playlist Uploaded videos
October M1 is at 2.15 trillion and the yoy change is now 20.8%
pirucreek 3 months ago
It does not look as good as I thought Geithner hid a lot of debt due to the debt ceiling. M1 is on fire, 13% yoy growth. Prediction is valid.
pirucreek 7 months ago
There is actually a little good news on inflation the national Debt December 31st was $14.03 trillion, March 31st it was $14.27, we are on pace for a $1 trillion deficit this year. Freeze in federal employee pay and the $37 billion budgets cuts, could help. If they would only end fannie Mae/Freddie Mac and SBA loans.
pirucreek 10 months ago
Argentina Inflation 21%. Here is why. BUENOS AIRES (Dow Jones)--One of Argentina's leading truckers' unions, the Fadeeac, has reached a government-brokered agreement with companies for a 24% pay increase in a deal likely to set the standard for other union wage talks. Everything in Argentina seems to be a union bank teller union, oil workers union, Among the biggest wage demands is the 48 percent increase sought by grain and soybean quality inspectors
pirucreek 10 months ago