Friday, July 12, 2013

Inflation & America

Ben Bernanke has come out and said inflation in America is too low...(video)

@ 4 min Ben explains where he is coming from however, beware they have changed the way they calculate inflation over the last 40 years

this should shake every American to their core

there is a hedge against inflation though without effects of manipulation real commodities' and physical things like gold, silver food water clothing shelter guns and ammo are real things we can use
http://www.youtube.com/watch?v=dr7DIUUVU1U  GnS+Research

Read an article here
http://theeconomiccollapseblog.com/archives/inflation-is-too-low-are-you-kidding-us-bernanke

We all have to buy food.  It sure would be nice if inflation was low there.
Unfortunately, anyone that shops for groceries on a regular basis knows exactly how painful food prices are becoming.
And over time, those increases really add up.  An article by Benny Johnson details how the prices of many of the things that we buy on a regular basis absolutely soared between 2002 and 2012.  Just check out these price increases...
Eggs: 73%
Coffee: 90%
Peanut Butter: 40%
Milk: 26%
A Loaf Of White Bread: 39%
Spaghetti And Macaroni: 44%
Orange Juice: 46%
Red Delicious Apples: 43%
Beer: 25%
Wine: 60%
Electricity: 42%
Margarine: 143%
Tomatoes: 22%
Turkey: 56%
Ground Beef: 61%
Chocolate Chip Cookies: 39%
So how in the world can Bernanke possibly come to the conclusion that inflation is too low?
Is he insane?
http://theeconomiccollapseblog.com/archives/inflation-is-too-low-are-you-kidding-us-bernanke

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