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View Diary: 2013 Predictions Scorecard (12 comments)

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  •  No (5+ / 0-)

    But enough cranks have been predicting hyperinflation in my social circles that I've made this a prediction for three years in a row. They thought I was wrong; I was right. :)

    ‎"Masculinity is not something given to you, but something you gain. And you gain it by winning small battles with honor." - Norman Mailer
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    by maxomai on Wed Dec 18, 2013 at 08:13:08 PM PST

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    •  What would be "real" the inflation rate (3+ / 0-)

      if it didn't exclude food and energy?  Items that represent a large portion of most consumer's budgets.

      Years ago, it was acknowledged that poor monetary policy, chiefly claiming low inflation, lead to the bubbles whose popping kicked off the recession.  I know that I personally am experiencing what feels a hell of a lot like inflation, while being told that there is no such thing.  Sounds like a repeat of the same mistake in the making to me.

      "It's not surveillance, it's data collection to keep you safe"

      by blackhand on Thu Dec 19, 2013 at 05:58:30 AM PST

      [ Parent ]

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