tag:blogger.com,1999:blog-6616959642391988608.post8135835133419505129..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: Consumer price inflation still moderateScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-6616959642391988608.post-86196002069535837122012-03-19T23:07:42.761-07:002012-03-19T23:07:42.761-07:00Worrying about inflation when the USA (and Europe)...Worrying about inflation when the USA (and Europe) is coming out of the worst recession since the Great Depression is like worrying about getting your rugs soaked by firefighters saving your house. <br /><br />The Fed needs to stimulate. Print a lot more money, frankly. Monetize debt through QE.<br /><br />inflation is not a worry. Money is a medium of exchange, not a store of value.<br /><br Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-16458502620190054402012-03-19T08:16:03.886-07:002012-03-19T08:16:03.886-07:00@Frozen, you said, "the Feds remain absolutel...@Frozen, you said, "the Feds remain absolutely committed to saving the banks at the expense of everything else." I totally agree. The question for me is how to exploit the current dismal economic situation along Main Street to make money personally. For most Americans (those without means or skills), the economic future is dark at best. My goal is to thrive in the current economic McKibbinUSAhttps://www.blogger.com/profile/10545798495680527622noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-49167095235555806202012-03-19T06:06:03.514-07:002012-03-19T06:06:03.514-07:00Of course the whole inflation thing gets amusing w...Of course the whole inflation thing gets amusing when you consider the loud voices talking about hyperinflation at 'merica's doorstep. Turns out no so much, although maybe some day...<br /><br />The feds deserve all the credit for low inflation (sorry McKibbin) insofar as they create the stock of cash, and money in general. <br /><br />The Feds remain absolutely committed to saving the Frozen in the Northhttps://www.blogger.com/profile/04901959687094626879noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-66761820329803622012012-03-18T20:36:23.136-07:002012-03-18T20:36:23.136-07:00Inflation is just another bailout.
I don't li...Inflation is just another bailout.<br /><br />I don't like 2.5% inflation because it is 5% in two years, 7.5% in three years, and 10% in four year.Squirehttps://www.blogger.com/profile/14088030568579672500noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-74839402769381528112012-03-17T06:50:49.803-07:002012-03-17T06:50:49.803-07:00The dollar is worth less today than it was just 10...The dollar is worth less today than it was just 10 short years ago. That is a bad thing anyway you slice it.<br /><br />The Fed is a flawed institution/ideology.Public Libraryhttps://www.blogger.com/profile/00017383928897945054noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-54491607299867752972012-03-16T13:35:03.093-07:002012-03-16T13:35:03.093-07:00Dr Ben Bernanke and the Federal Resere deserve the...Dr Ben Bernanke and the Federal Resere deserve the credit for the current near zero levels of inflation -- hammering the remaining inflation out of the US economy is clearly the objective of the Fed at this point -- I expect near zero to negative inflation (deflation) to persist in the near-term -- baby-boomers will continue to sell their stock and rental properties to fund their retirements -- McKibbinUSAhttps://www.blogger.com/profile/10545798495680527622noreply@blogger.com