Fix your title^^
They have been diluting the currency. Inflation is actually the symptom of currency dilution. You can print a quadrillion dollars but if you fail to cycle that money and/or it fails to chase goods there will be no inflation.
I can’t. The ironicness, I hate poor spelling.
I don’t see the issue. It was a smart move by the house to make this. They are forcing the senate to finally pass a budget. Something they haven’t done in 4 years. We will finally see how they are actually spending the money. What I find interesting is that no one is talking about the March 1st automatic spending cuts and the impact they are going to have on the economy. We only postponed the “fiscal cliff” we didn’t avoid it.
Haha, good question. I know people have been continuously predicting inflation for the past four years, which we have yet to see. As far as how long things will keep on like this, as long as we’re stuck in this liquidity trap I know they will. Unfortunately I don’t have the time to research these things as much as I used to, spring semester starting up and all that.
I’m watching the cost of day to day goods as one indicator. The interest rate could be another but who knows if they’ll ever crank that up again. LOL
Gas prices increase for 18 days in a row…
I noticed that last night in EA. $4.19 for 93 ugh. Cant wait to get back to NH and see those under $4 still.
They won’t talk about it till the day before when its an emergency again lol
gas prices as due to refineries switching to spring blend production and doing a lot of maintenance producing a shortage I have heard. Also lots of market trading before the spring price increase.
market trading on gas/oil is the ONLY reason it’s about $2/gal.
we are not in any immediate danger of “running out” of fossil fuels…they’ve been saying we’re near a shortage for over 50yrs…if you don’t believe me go search your local library archives on newspaper articles and use “gas shortage” as a search term.
Those still exist?
lol too true.
Obama came out today wanting to “kick the can” again. I really hope the house doesn’t budge and we finally start making some changes.
Guns and Immigration won’t seem very important if the economy fails lol
Speaking of what’s important, I was thinking about the last election and I have determined that the people of the US want gay illegals to be able to get married and have abortions. I mean they have given pretty much everything else for those specific reasons.:dunno:
…which won’t seem important if the economy fails, but then again that is what they voted for over the economy so…
:banghead:
I’m trying so hard not to take the bait, but your grasp of economics is tenuous at best.
Clearly economics no longer applies to anything today.
Well that’s just not true. Who do you get your economic reporting from, Bill O’Reilly?
LOL… Funniest thing I’ve heard all day. I actually research all my own economic data. Ill send you our news letter in a week or so if you would like.
I’m mostly referring to the market. If you ask me they are completely disregarding all macroeconomics right now.
Our macaroni economics are all out of whack!
While I agree we aren’t anywhere near the shortage that some fear, oil is a habit we should be trying to cut back on for several reasons.
I think oil prices are more about inflation than speculation, primarily because without inflation there would be no new money to speculate with.