Inflation – Has it arrived?

[sdduuuude]

Been out of town for a week. Good discussion here. Just for fun, I looked at the actual inflation rates:

http://inflationdata.com/Inflation/Inflation_Rate/CurrentInflation.asp

Not sure what all the fuss is about. I can’t say I consider a range of 1.14% to 2.63% more than marginally inflationary?

Seems like a whole lot of nuthin’ to me.

I have moved from a deflationist position to a “very mild” deflationist position. I don’t think the Fed can effectively stave off deflation in its entirety – for reasons Arraya and CA mentioned, but I think they avoid major deflationary crashes and kick the can for years.

As such, I see An unstoppable force fighting an immovable object. This leads to a long period of low or negative growth, very mild deflation, high unemployment with the Fed fighting deflation the whole way and almost winning.

I found these numbers interesting – posted on the same day that socratt short-term spike in commodities prices.

http://globaleconomicanalysis.blogspot.com/2011/02/commodities-bloodbath-except-gold.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+MishsGlobalEconomicTrendAnalysis+%28Mish%27s+Global+Economic+Trend+Analysis%29

[SD Realtor]

Sorry but I do not believe that my sdge bill, or my water bill, or my food bill has only gone up by a mild 1 or 2%. Check the price of sugar and cotton. Check the price of orange juice.

Also, even before the mideast crisis the cost of oil was well above 2% what it was last year.

**********

While CAR and I do not agree on alot of things, and while I am one of those naughty investors depriving the county of precious inventory, we do agree on some basics. We both do not believe (I think) that being told that the solutions put forth during the crisis were the only way to avert financial disaster. That there could have been more well thought out ways to get past the difficult periods. I cannot speak for CAR and I am certainly not the fatalist that Arraya is, however I do share the opinion that as long as the govt keeps telling us how they saved the world, many people will believe it, cheer for it, and go happily on believing that was the best way to do it and rubber stamping future similar behavior.

[SD Realtor]

Sorry but I do not believe that my sdge bill, or my water bill, or my food bill has only gone up by a mild 1 or 2%. Check the price of sugar and cotton. Check the price of orange juice.

Also, even before the mideast crisis the cost of oil was well above 2% what it was last year.

**********

While CAR and I do not agree on alot of things, and while I am one of those naughty investors depriving the county of precious inventory, we do agree on some basics. We both do not believe (I think) that being told that the solutions put forth during the crisis were the only way to avert financial disaster. That there could have been more well thought out ways to get past the difficult periods. I cannot speak for CAR and I am certainly not the fatalist that Arraya is, however I do share the opinion that as long as the govt keeps telling us how they saved the world, many people will believe it, cheer for it, and go happily on believing that was the best way to do it and rubber stamping future similar behavior.

[SD Realtor]

Sorry but I do not believe that my sdge bill, or my water bill, or my food bill has only gone up by a mild 1 or 2%. Check the price of sugar and cotton. Check the price of orange juice.

Also, even before the mideast crisis the cost of oil was well above 2% what it was last year.

**********

While CAR and I do not agree on alot of things, and while I am one of those naughty investors depriving the county of precious inventory, we do agree on some basics. We both do not believe (I think) that being told that the solutions put forth during the crisis were the only way to avert financial disaster. That there could have been more well thought out ways to get past the difficult periods. I cannot speak for CAR and I am certainly not the fatalist that Arraya is, however I do share the opinion that as long as the govt keeps telling us how they saved the world, many people will believe it, cheer for it, and go happily on believing that was the best way to do it and rubber stamping future similar behavior.

[SD Realtor]

Sorry but I do not believe that my sdge bill, or my water bill, or my food bill has only gone up by a mild 1 or 2%. Check the price of sugar and cotton. Check the price of orange juice.

Also, even before the mideast crisis the cost of oil was well above 2% what it was last year.

**********

While CAR and I do not agree on alot of things, and while I am one of those naughty investors depriving the county of precious inventory, we do agree on some basics. We both do not believe (I think) that being told that the solutions put forth during the crisis were the only way to avert financial disaster. That there could have been more well thought out ways to get past the difficult periods. I cannot speak for CAR and I am certainly not the fatalist that Arraya is, however I do share the opinion that as long as the govt keeps telling us how they saved the world, many people will believe it, cheer for it, and go happily on believing that was the best way to do it and rubber stamping future similar behavior.

[SD Realtor]

Sorry but I do not believe that my sdge bill, or my water bill, or my food bill has only gone up by a mild 1 or 2%. Check the price of sugar and cotton. Check the price of orange juice.

Also, even before the mideast crisis the cost of oil was well above 2% what it was last year.

**********

While CAR and I do not agree on alot of things, and while I am one of those naughty investors depriving the county of precious inventory, we do agree on some basics. We both do not believe (I think) that being told that the solutions put forth during the crisis were the only way to avert financial disaster. That there could have been more well thought out ways to get past the difficult periods. I cannot speak for CAR and I am certainly not the fatalist that Arraya is, however I do share the opinion that as long as the govt keeps telling us how they saved the world, many people will believe it, cheer for it, and go happily on believing that was the best way to do it and rubber stamping future similar behavior.

[socrattt]

[quote=sdduuuude]Been out of town for a week. Good discussion here. Just for fun, I looked at the actual inflation rates:

http://inflationdata.com/Inflation/Inflation_Rate/CurrentInflation.asp

Not sure what all the fuss is about. I can’t say I consider a range of 1.14% to 2.63% more than marginally inflationary?

Seems like a whole lot of nuthin’ to me.

I have moved from a deflationist position to a “very mild” deflationist position. I don’t think the Fed can effectively stave off deflation in its entirety – for reasons Arraya and CA mentioned, but I think they avoid major deflationary crashes and kick the can for years.

As such, I see An unstoppable force fighting an immovable object. This leads to a long period of low or negative growth, very mild deflation, high unemployment with the Fed fighting deflation the whole way and almost winning.

I found these numbers interesting – posted on the same day that socratt short-term spike in commodities prices.

http://globaleconomicanalysis.blogspot.com/%5B/quote%5D

You just made me laugh out loud!! You can go to http://www.ifluffnumbers.com and I have next weeks lottery numbers up there as well. If you think for one moment that inflation is dormant you may need a psychiatric evaluation.

You’ll be riding your bicycle to the store to pick up your $10 gallon of milk and $7 loaf of bread by the end of year and you’ll still turn to your inflation data site thinking it’s a “whole lot of nuthin”. That’s just pathetic that you even put that link on here. They must have an app for that!

[socrattt]

[quote=sdduuuude]Been out of town for a week. Good discussion here. Just for fun, I looked at the actual inflation rates:

http://inflationdata.com/Inflation/Inflation_Rate/CurrentInflation.asp

Not sure what all the fuss is about. I can’t say I consider a range of 1.14% to 2.63% more than marginally inflationary?

Seems like a whole lot of nuthin’ to me.

I have moved from a deflationist position to a “very mild” deflationist position. I don’t think the Fed can effectively stave off deflation in its entirety – for reasons Arraya and CA mentioned, but I think they avoid major deflationary crashes and kick the can for years.

As such, I see An unstoppable force fighting an immovable object. This leads to a long period of low or negative growth, very mild deflation, high unemployment with the Fed fighting deflation the whole way and almost winning.

I found these numbers interesting – posted on the same day that socratt short-term spike in commodities prices.

http://globaleconomicanalysis.blogspot.com/%5B/quote%5D

You just made me laugh out loud!! You can go to http://www.ifluffnumbers.com and I have next weeks lottery numbers up there as well. If you think for one moment that inflation is dormant you may need a psychiatric evaluation.

You’ll be riding your bicycle to the store to pick up your $10 gallon of milk and $7 loaf of bread by the end of year and you’ll still turn to your inflation data site thinking it’s a “whole lot of nuthin”. That’s just pathetic that you even put that link on here. They must have an app for that!

[socrattt]

[quote=sdduuuude]Been out of town for a week. Good discussion here. Just for fun, I looked at the actual inflation rates:

http://inflationdata.com/Inflation/Inflation_Rate/CurrentInflation.asp

Not sure what all the fuss is about. I can’t say I consider a range of 1.14% to 2.63% more than marginally inflationary?

Seems like a whole lot of nuthin’ to me.

I have moved from a deflationist position to a “very mild” deflationist position. I don’t think the Fed can effectively stave off deflation in its entirety – for reasons Arraya and CA mentioned, but I think they avoid major deflationary crashes and kick the can for years.

As such, I see An unstoppable force fighting an immovable object. This leads to a long period of low or negative growth, very mild deflation, high unemployment with the Fed fighting deflation the whole way and almost winning.

I found these numbers interesting – posted on the same day that socratt short-term spike in commodities prices.

http://globaleconomicanalysis.blogspot.com/%5B/quote%5D

You just made me laugh out loud!! You can go to http://www.ifluffnumbers.com and I have next weeks lottery numbers up there as well. If you think for one moment that inflation is dormant you may need a psychiatric evaluation.

You’ll be riding your bicycle to the store to pick up your $10 gallon of milk and $7 loaf of bread by the end of year and you’ll still turn to your inflation data site thinking it’s a “whole lot of nuthin”. That’s just pathetic that you even put that link on here. They must have an app for that!

[socrattt]

[quote=sdduuuude]Been out of town for a week. Good discussion here. Just for fun, I looked at the actual inflation rates:

http://inflationdata.com/Inflation/Inflation_Rate/CurrentInflation.asp

Not sure what all the fuss is about. I can’t say I consider a range of 1.14% to 2.63% more than marginally inflationary?

Seems like a whole lot of nuthin’ to me.

I have moved from a deflationist position to a “very mild” deflationist position. I don’t think the Fed can effectively stave off deflation in its entirety – for reasons Arraya and CA mentioned, but I think they avoid major deflationary crashes and kick the can for years.

As such, I see An unstoppable force fighting an immovable object. This leads to a long period of low or negative growth, very mild deflation, high unemployment with the Fed fighting deflation the whole way and almost winning.

I found these numbers interesting – posted on the same day that socratt short-term spike in commodities prices.

http://globaleconomicanalysis.blogspot.com/%5B/quote%5D

You just made me laugh out loud!! You can go to http://www.ifluffnumbers.com and I have next weeks lottery numbers up there as well. If you think for one moment that inflation is dormant you may need a psychiatric evaluation.

You’ll be riding your bicycle to the store to pick up your $10 gallon of milk and $7 loaf of bread by the end of year and you’ll still turn to your inflation data site thinking it’s a “whole lot of nuthin”. That’s just pathetic that you even put that link on here. They must have an app for that!

[socrattt]

[quote=sdduuuude]Been out of town for a week. Good discussion here. Just for fun, I looked at the actual inflation rates:

http://inflationdata.com/Inflation/Inflation_Rate/CurrentInflation.asp

Not sure what all the fuss is about. I can’t say I consider a range of 1.14% to 2.63% more than marginally inflationary?

Seems like a whole lot of nuthin’ to me.

I have moved from a deflationist position to a “very mild” deflationist position. I don’t think the Fed can effectively stave off deflation in its entirety – for reasons Arraya and CA mentioned, but I think they avoid major deflationary crashes and kick the can for years.

As such, I see An unstoppable force fighting an immovable object. This leads to a long period of low or negative growth, very mild deflation, high unemployment with the Fed fighting deflation the whole way and almost winning.

I found these numbers interesting – posted on the same day that socratt short-term spike in commodities prices.

http://globaleconomicanalysis.blogspot.com/%5B/quote%5D

You just made me laugh out loud!! You can go to http://www.ifluffnumbers.com and I have next weeks lottery numbers up there as well. If you think for one moment that inflation is dormant you may need a psychiatric evaluation.

You’ll be riding your bicycle to the store to pick up your $10 gallon of milk and $7 loaf of bread by the end of year and you’ll still turn to your inflation data site thinking it’s a “whole lot of nuthin”. That’s just pathetic that you even put that link on here. They must have an app for that!

[Rich Toscano]

[quote=socrattt]
You just made me laugh out loud!! You can go to http://www.ifluffnumbers.com and I have next weeks lottery numbers up there as well. If you think for one moment that inflation is dormant you may need a psychiatric evaluation.

You’ll be riding your bicycle to the store to pick up your $10 gallon of milk and $7 loaf of bread by the end of year and you’ll still turn to your inflation data site thinking it’s a “whole lot of nuthin”. That’s just pathetic that you even put that link on here. They must have an app for that![/quote]

Totally weak reply… he brings data, you bring a personal attack. Raise the bar! If you think the data he cites is invalid, bring your own data to the table and explain why, don’t just call him names.

[Rich Toscano]

[quote=socrattt]
You just made me laugh out loud!! You can go to http://www.ifluffnumbers.com and I have next weeks lottery numbers up there as well. If you think for one moment that inflation is dormant you may need a psychiatric evaluation.

You’ll be riding your bicycle to the store to pick up your $10 gallon of milk and $7 loaf of bread by the end of year and you’ll still turn to your inflation data site thinking it’s a “whole lot of nuthin”. That’s just pathetic that you even put that link on here. They must have an app for that![/quote]

Totally weak reply… he brings data, you bring a personal attack. Raise the bar! If you think the data he cites is invalid, bring your own data to the table and explain why, don’t just call him names.

[Rich Toscano]

[quote=socrattt]
You just made me laugh out loud!! You can go to http://www.ifluffnumbers.com and I have next weeks lottery numbers up there as well. If you think for one moment that inflation is dormant you may need a psychiatric evaluation.

You’ll be riding your bicycle to the store to pick up your $10 gallon of milk and $7 loaf of bread by the end of year and you’ll still turn to your inflation data site thinking it’s a “whole lot of nuthin”. That’s just pathetic that you even put that link on here. They must have an app for that![/quote]

Totally weak reply… he brings data, you bring a personal attack. Raise the bar! If you think the data he cites is invalid, bring your own data to the table and explain why, don’t just call him names.

[Rich Toscano]

[quote=socrattt]
You just made me laugh out loud!! You can go to http://www.ifluffnumbers.com and I have next weeks lottery numbers up there as well. If you think for one moment that inflation is dormant you may need a psychiatric evaluation.

You’ll be riding your bicycle to the store to pick up your $10 gallon of milk and $7 loaf of bread by the end of year and you’ll still turn to your inflation data site thinking it’s a “whole lot of nuthin”. That’s just pathetic that you even put that link on here. They must have an app for that![/quote]

Totally weak reply… he brings data, you bring a personal attack. Raise the bar! If you think the data he cites is invalid, bring your own data to the table and explain why, don’t just call him names.

[Author]

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