haha
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Please, do me a favor and never mention stupid and ISM/OSM in the same sentence.Hmmm... that's got me thinking of buying some more with my stupid money.
Ha
Please, do me a favor and never mention stupid and ISM/OSM in the same sentence.Hmmm... that's got me thinking of buying some more with my stupid money.
I can not see how the current government spending will not at some point create inflation. For those who do not see this please explain to me how the tremendous increase in national debt, the likely decrease in the value of the dollar, and the printing of large sums of cash will not create an inflationary climate.
Please, do me a favor and never mention stupid and ISM/OSM in the same sentence.
(And, to throw a little gasoline on the fire, I think we should be raising taxes on petrofuels now to raise prices before other countries can raise their prices and keep the increase for themselves.)
So, it's also probably not "just around the corner".Anticipated inflation rates for the next:
5yrs: 2.16%. 10yrs: 2.42%. 30yrs: 2.40%
Wow - pretty small percentage voted no back then, and look where we are now!
According to: End Q3 Market.-based Rate Predictions
So, it's also probably not "just around the corner".
I think real growth stays at 1% and inflation rises to 3%, our economic growth is mostly inflation and real per capita GDP is flat. Low grade stagnation. Without real growth public revenues will not increase – as needed to reduce deficit and pay for the current financial rescue (well, hopefully a successful rescue). As gov’t income doesn’t increase we will need higher taxes, which reduces income available for personal consumption. To offset the loss in wealth over the past year the savings rate needs to increase, which also which reduces income available for personal consumption.
The US will be faced with a falling standard of living, which will keep the inflation rate low. The effects of inflation - a loss in purchasing power - will happen anyway.
Yes, I suspect we will have higher inflation, though probably not hyperinflation. I also loaded up on TIPS in November (converted cash and GNMA to TIPS) and I am considering buying some i-bonds this year.
short term i see more signs of deflation . seems to me more eyes and the media are on the printing of money and inflation.
the world is deleveraging and that by definition is deflating .
longer term i see moderate inflation , nothing to write home about.
with 70% of gdp coming from consumer spending and housing stalled which creates the most spending and jobs i see only slow growth for quite a while ahead.
all we are doing is taking what ever money we all have and giving more to sectors like food ,energy and healthcare at the expense of all the others.
in fact years ago when home ownership was part of the cpi it over stated inflation so they changed it to we all rent instead.