You must be joking. The economy is slowing down to anemic growth levels, there is an army of unemployed people, government measures of inflation show it at the lowest levels in generation. A few weeks of modest improvement in the stock and commodities markets, and you are thinking that inflation is on its way? It amazes me how many people think inflation is just around the corner in the midst of the worst economy in decades.

You must be joking. The economy is slowing down to anemic growth levels, there is an army of unemployed people, government measures of inflation show it at the lowest levels in generation. A few weeks of modest improvement in the stock and commodities markets, and you are thinking that inflation is on its way? It amazes me how many people think inflation is just around the corner in the midst of the worst economy in decades.

NOPE, by contrast to common sense our government has caved to the AARp and Unions (gasp) as is supporting a policy of deflation. Wages are down, home prices are down and the liquid money supply is virtually gone.

The current policy appears to be to allow loans to default then quietly mop up the mess. The equivalent of building a hospital at the bottom of a cliff rather than a fence at the top.

Our demands for 8% returns on investments combined with zero percent inflation have created a pressure cooker economy. Right now the pressure is being relieved through loan defaults. This is FINE until it hits MY pension plan which apparently loaned all this money at high risk to get the 8% I was guaranteed.

NOPE, by contrast to common sense our government has caved to the AARp and Unions (gasp) as is supporting a policy of deflation. Wages are down, home prices are down and the liquid money supply is virtually gone.

The current policy appears to be to allow loans to default then quietly mop up the mess. The equivalent of building a hospital at the bottom of a cliff rather than a fence at the top.

Our demands for 8% returns on investments combined with zero percent inflation have created a pressure cooker economy. Right now the pressure is being relieved through loan defaults. This is FINE until it hits MY pension plan which apparently loaned all this money at high risk to get the 8% I was guaranteed.

NOPE, by contrast to common sense our government has caved to the AARp and Unions (gasp) as is supporting a policy of deflation. Wages are down, home prices are down and the liquid money supply is virtually gone.

The current policy appears to be to allow loans to default then quietly mop up the mess. The equivalent of building a hospital at the bottom of a cliff rather than a fence at the top.

Our demands for 8% returns on investments combined with zero percent inflation have created a pressure cooker economy. Right now the pressure is being relieved through loan defaults. This is FINE until it hits MY pension plan which apparently loaned all this money at high risk to get the 8% I was guaranteed.

Inflation? What inflation?

Stocks:

http://stockcharts.com/charts/historical/djia1900.html

Gold:

http://www.kitco.com/scripts/hist_charts/yearly_graphs.plx

Commodities:

http://www.mrci.com/client/crb.php

Housing (I entered 1987 as a start date — their earliest record — and ended with 2Q 2010):

http://blogs.reuters.com/felix-salmon/2010/01/12/house-price-chart-of-the-day/

The dollar:

http://www.barchart.com/chart.php?sym=%24DXY&style=technical&p=DO&d=X&sd=&ed=&size=M&log=0&t=BAR&v=0&g=1&evnt=1&late=1&o1=&o2=&o3=&sh=100&indicators=&addindicator=&submitted=1&fpage=&txtDate=&x=84&y=11

There is no doubt about it, and the Fed has stated its goals explicitly: they are going to inflate.

Inflation? What inflation?

Stocks:

http://stockcharts.com/charts/historical/djia1900.html

Gold:

http://www.kitco.com/scripts/hist_charts/yearly_graphs.plx

Commodities:

http://www.mrci.com/client/crb.php

Housing (I entered 1987 as a start date — their earliest record — and ended with 2Q 2010):

http://blogs.reuters.com/felix-salmon/2010/01/12/house-price-chart-of-the-day/

The dollar:

http://www.barchart.com/chart.php?sym=%24DXY&style=technical&p=DO&d=X&sd=&ed=&size=M&log=0&t=BAR&v=0&g=1&evnt=1&late=1&o1=&o2=&o3=&sh=100&indicators=&addindicator=&submitted=1&fpage=&txtDate=&x=84&y=11

There is no doubt about it, and the Fed has stated its goals explicitly: they are going to inflate.