[werewolf34]

Two types of inflation in my mind: 1) price to consumer and 2) price of ‘assets’

1) Inflation in gas prices, groceries are real things. Premium was $1.45 in CA in 2002 and is $3.30 at the same gas station today. May not feel like inflation b/c these items inflated before / during the RE bubble. $3.30 is cheap if you remember it being $4.50 beforehand. Do the same math with a gallon of milk. I remember 2.50 in the early 2000s and see 4.50 to 5.00 nowadays

2) Cash earning near 0% in bank accounts is fleeing to hard assets and equities. Can someone explain to me why most of the S&P is trading above 10 yr averages in midst of recession?

If you follow the ‘smart’ money, John Paulson is long into gold.

The bigger x-factor in inflation/deflation is the reduction in consumer credit from the banks.

[werewolf34]

Two types of inflation in my mind: 1) price to consumer and 2) price of ‘assets’

1) Inflation in gas prices, groceries are real things. Premium was $1.45 in CA in 2002 and is $3.30 at the same gas station today. May not feel like inflation b/c these items inflated before / during the RE bubble. $3.30 is cheap if you remember it being $4.50 beforehand. Do the same math with a gallon of milk. I remember 2.50 in the early 2000s and see 4.50 to 5.00 nowadays

2) Cash earning near 0% in bank accounts is fleeing to hard assets and equities. Can someone explain to me why most of the S&P is trading above 10 yr averages in midst of recession?

If you follow the ‘smart’ money, John Paulson is long into gold.

The bigger x-factor in inflation/deflation is the reduction in consumer credit from the banks.

[werewolf34]

Two types of inflation in my mind: 1) price to consumer and 2) price of ‘assets’

1) Inflation in gas prices, groceries are real things. Premium was $1.45 in CA in 2002 and is $3.30 at the same gas station today. May not feel like inflation b/c these items inflated before / during the RE bubble. $3.30 is cheap if you remember it being $4.50 beforehand. Do the same math with a gallon of milk. I remember 2.50 in the early 2000s and see 4.50 to 5.00 nowadays

2) Cash earning near 0% in bank accounts is fleeing to hard assets and equities. Can someone explain to me why most of the S&P is trading above 10 yr averages in midst of recession?

If you follow the ‘smart’ money, John Paulson is long into gold.

The bigger x-factor in inflation/deflation is the reduction in consumer credit from the banks.

[werewolf34]

Two types of inflation in my mind: 1) price to consumer and 2) price of ‘assets’

1) Inflation in gas prices, groceries are real things. Premium was $1.45 in CA in 2002 and is $3.30 at the same gas station today. May not feel like inflation b/c these items inflated before / during the RE bubble. $3.30 is cheap if you remember it being $4.50 beforehand. Do the same math with a gallon of milk. I remember 2.50 in the early 2000s and see 4.50 to 5.00 nowadays

2) Cash earning near 0% in bank accounts is fleeing to hard assets and equities. Can someone explain to me why most of the S&P is trading above 10 yr averages in midst of recession?

If you follow the ‘smart’ money, John Paulson is long into gold.

The bigger x-factor in inflation/deflation is the reduction in consumer credit from the banks.

[werewolf34]

Two types of inflation in my mind: 1) price to consumer and 2) price of ‘assets’

1) Inflation in gas prices, groceries are real things. Premium was $1.45 in CA in 2002 and is $3.30 at the same gas station today. May not feel like inflation b/c these items inflated before / during the RE bubble. $3.30 is cheap if you remember it being $4.50 beforehand. Do the same math with a gallon of milk. I remember 2.50 in the early 2000s and see 4.50 to 5.00 nowadays

2) Cash earning near 0% in bank accounts is fleeing to hard assets and equities. Can someone explain to me why most of the S&P is trading above 10 yr averages in midst of recession?

If you follow the ‘smart’ money, John Paulson is long into gold.

The bigger x-factor in inflation/deflation is the reduction in consumer credit from the banks.

[werewolf34]

US policy is strongly pointing towards inflation.

This rewards people with real assets (real estate, gold) and unfortunately those who gambled in real estate.

We are socializing the loss but it is what is political acceptable in the US. Sorry middle class but you have no political clout anymore

Welcome to the suck

Imagine life where the dollar is worth 50% of what it is today. After groceries and gas, will you have anything left?

[werewolf34]

US policy is strongly pointing towards inflation.

This rewards people with real assets (real estate, gold) and unfortunately those who gambled in real estate.

We are socializing the loss but it is what is political acceptable in the US. Sorry middle class but you have no political clout anymore

Welcome to the suck

Imagine life where the dollar is worth 50% of what it is today. After groceries and gas, will you have anything left?

[werewolf34]

US policy is strongly pointing towards inflation.

This rewards people with real assets (real estate, gold) and unfortunately those who gambled in real estate.

We are socializing the loss but it is what is political acceptable in the US. Sorry middle class but you have no political clout anymore

Welcome to the suck

Imagine life where the dollar is worth 50% of what it is today. After groceries and gas, will you have anything left?

[werewolf34]

US policy is strongly pointing towards inflation.

This rewards people with real assets (real estate, gold) and unfortunately those who gambled in real estate.

We are socializing the loss but it is what is political acceptable in the US. Sorry middle class but you have no political clout anymore

Welcome to the suck

Imagine life where the dollar is worth 50% of what it is today. After groceries and gas, will you have anything left?

[werewolf34]

US policy is strongly pointing towards inflation.

This rewards people with real assets (real estate, gold) and unfortunately those who gambled in real estate.

We are socializing the loss but it is what is political acceptable in the US. Sorry middle class but you have no political clout anymore

Welcome to the suck

Imagine life where the dollar is worth 50% of what it is today. After groceries and gas, will you have anything left?

[werewolf34]

Was it a downsizing consultant?

Also what industry?

[werewolf34]

Was it a downsizing consultant?

Also what industry?

[werewolf34]

Was it a downsizing consultant?

Also what industry?

[werewolf34]

Was it a downsizing consultant?

Also what industry?

[werewolf34]

Was it a downsizing consultant?

Also what industry?

[Author]

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