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Where Is The Inflation?

bigdawgworking Wrote: Sep 15, 2012 8:20 PM
As evidenced by the responses below as well as my own experience, the government measure of inflation is completely false. Completely. If the government books are not cooked, then please explain why. Until that explanation is put forward, the article has no meaning because it is based on a premise that is false.

The Consumer Price Index was released this morning. It was up slightly.

US Consumer Price Index data by YCharts

Some are mystified by the economic results of the expansionary Federal Reserve policy. The Fed is working to try and get inflation started, but it doesn’t come. There is no inflation in the economy yet. The reason, money isn’t turning over. It’s being created by the Fed and it gets stuck into the banking system. Banks aren’t lending because they increased their requirements for lending after the financial crisis, and after the passage of Dodd-Frank. Additionally, because of all the...