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FloridaCMPS (21.87)

February 2009



"Would you like a side of hyper-inflation with your job loss and reduced fat retirement?"

February 24, 2009 – Comments (4)

That is the question our government would be asking you if they were your waiter.  While I was doing this morning's mortgage market update, that thought came to mind as a great way to sarcastically explain the government's actions thus far.

With job losses mounting, the government claims they need to force through another stimulus package which creates more jobs, government jobs that is.  And they did exactly that, well not exactly as the amount of jobs they actually will create versus what they claim will not equal each other, and it will be inversely proportional to how much the cost is.  In simpler terms, they won't create the promised amount of jobs and it will ultimately cost more than what they said.  Also, history shows that growing the government is exactly opposite of what the government should be doing, at least in a capitalistic society.  maybe the dessert selection will be socialism?  [more]



Inflation: Hidden Giant Waiting to Attack?

February 21, 2009 – Comments (5)

On Friday, we saw the release of the CPI (Consumer Price Index) and it showed inflation to be tame overall, actually falling into Bernanke's concerns, deflation.  Even when you look at the Core CPI, removing volatile food and energy from the equation, you still only see a small inflationary rate over the last year, just 1.7%.  But is the inflation rate really that low, or is it that the CPI is not showing reality, at least not yet?  [more]

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