fertilizer? crude tractors running across the field? crude reefers running while Mexicans load? crude 3.000 miles from the Valley to Long Island? crude Heineken beer from Amsterdam to the dock, crude container ship to Baltimore? Crude Baltimore to Denver at 4.5 mpg? Crude
$1.37 a liter now ($5.17 a gallon)... MacLeans had a good article on Canadian real estate. The centerpiece was a collection of charts that plotted long-term residential home prices in major Canadian metros against real GDP. Basically, over the past 30 years, the economy has nearly doubled in size, while in various markets, home prices appreciated 500 to 800%, with Vancouver on the extreme. The collective stupidity of the public never ceases to amaze. It wasn't 5 years ago US real estate collapsed and lost nearly 40% of it's value. But ask a Canadian and it's free money all over again. Can't drop. Inflation?! Ha! Canadian real estate is an interesting dynamic. 89% of all land is held off-market by the Government. No development - artificial throttling of supply. Anyways. How's the trading going, man? We've been at this a while now?
Joe Kernen knocked it out of the park on this one. <iframe title="MRC TV video player" width="640" height="360" src="http://www.mrctv.org/embed/116580" frameborder="0" allowfullscreen></iframe>
Depends who you ask. Demand side, inflation is defined by quantity of money. Supply side, inflation is defined by supply shocks/gluts. Traditionally, quantity of money is referenced as the independent variable, and consumer prices as the dependent, as you mentioned ("the symptom"). But that definition is incomplete, as well. The supply of goods and services can outstrip growth in the money supply, which would yield falling prices with a growing monetary base. Either way, consumer prices are the easiest barometer of inflation (demand or supply-side driven). RandomCapital thinks it's all supply side (peak oil driven). I think that's bullshit. I'm not a peaker. Depends on your philosophical outlook. Anyway
one more time- raise rates..here you have it..1.7% in august alone..and that's gvt stats.not even www.shadowstats.com .. if Bernanke is insane(and judging by what he was doing lately-he is,according to Einstein's definition of insanity)-then we are going to have QE3 this afternoon. if there is a little sanity on FED's board-there is will be no more any QE's and talk\notes would be to raise the rates NOW. enough already..savers\rational people are RAPED as we speak by Benny B and company of fuckheads in DC.
not until his definition of inflation is the same as yours. He's trying to run an economy, you are just trying to save money at the grocery store
was it working? did it worked for japan? we already know the outcome..what's the point of doing it over and over again? he is not trying to run the economy..he trying to burn that debt..at my expense..
You call that heating up? I believe the money supply has doubled since 2008 and thats all we get? Pretty tame if you ask me all things considered... i dont know why you are all getting worked up over such paltry increases im surprised they havent gone up way more!