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alstry (< 20)

Why Gold Is Not $10,000 per Ounce....yet.



February 01, 2011 – Comments (1)

The reason we are not seeing traditional inflation is because by inflating primarily food and fuel....we are causing just about every other segment of the economy to deflate in value.

As more and more money is spent of food and fuel....less and less is spent on everything else.

The crazy part is the higher fuel prices go...the higher food prices go....and the higher food prices go.....the less money there is for everything else......including real estate and wages/salaries.

This is what I call concentric contraction as all spending focuses around less and less.......and in the end, it is not the end of the world, simply the end of a world as we know it....and the beginning of the

In the udderworld, much of what you currently pay for will be free, provided by government or almost free because the concept of profit is becoming more and more difficult to achieve as everything becomes more effficient.

We already have over 40,000,000 getting food stamps....two more doubles and it will be over half the country....three more and it will be the whole nation.

1 Comments – Post Your Own

#1) On February 02, 2011 at 1:33 AM, oshiri (< 20) wrote:

Sempai . . .

     Core inflation? Core inflation? Anyone? Bueller, Bueller???

     Food and energy are conveniently removed from the Feds "core" inflation figures.

     Very typical of Government using bogus numbers to mesmerize the Leicester Longwools into believing they won't get sheared.

     Dunno if'n the Photoman told you, but I have a long drive over President's Day. Non-core inflation will affect me at every stop. I just hope they have lamb schwarma in Bakerfield.

     Happy Chinese New Year (Gong Hay Fat Choy) Comrade Alstrymous! 

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