Are you better of than say, six years ago, 40 years ago?
The producer price index came out 2% "admitted" today,
or did you get the "core" rate a the grocery store today?
Inflation has been 3,4,5, and this year is 6-8%.
Did you get a 3,4,5 then 6% timely raise in that order?
This is 19.2% with compounding, in just 4 years, and not
even real, just the "admitted" part.
Excellent article:
http://www.financialsense.com/...
What we have now is inflation. Forget the CPI, PPI, and the "core rate." These are all fraudulent inflation gauges designed to confuse and obfuscate the real inflation issue. There is no such thing as the "core rate." The core rate doesn’t exist in the real world. Next time you see an increase at the grocery store, the gasoline station, your utility or cable bill, your children's tuition, your property taxes or your dentist's or doctor's bill, ask for the "core rate." That is when you will be confronted by the reality of its fiction.
Not much more to say. Got gold?
Some of the things I've been diaring.
Living standard in America approximately 1/4 to 1/3 of the
1967 peak level. America died about the time they killed the Kennedys.
The collapse rate is increasing exponentially, right now.
Household debt exploding 10% annually.
Money supply same 10%, ie dollar collapse.
Call for historic market top, by Eric Hadik
Dollar decline to 82.5 nailed, temporary pause is in progress,
look for dollar below 78 for for the trap door to hell signal.
Delegation of Treasury and Federal Reserve in China last week,
pretty much got bitch slapped.
Tailand market crashed last night, on currency failure.
Gold to $37,000 in our lifetime.