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another consideration is the means how CPI is determined. The govt. doesn't include food and energy as they are too volatile, yet these items are very inflationary over time. Another item is weighing medical costs as only 6% of the "basket" when it is over 18% of the GNP. Consider utilities. Look at your current ex...more
replace the entire Fed board with instructions to new board of QUIT trying to manipulate the economy for the benefit of Wall Street. Interest money could be spent on extra items by savers instead of necessities helping the economy grow.
So Fed actions are going to have a negative influence on energy and the dollar. What a surprise!! Time for the Fed to cease their manipulations of the economy and return to its original purpose of fighting inflation and protect the value of the dollar.
a congressional amendment to eliminate these congressional perks are in order as well as get lobbyists out of DC. No automatic wage increases, congress gets same benefits as working class, eliminate current and future pensions and place all monies in social security and term limits. I believe this amendment will pass...more
Low interest rates for savers. Make sure that these savers can't have interest income to spend to help stimulate the economy. Make those savers suffer for those past excesses that they did not create. Who has the low interest rates helped? The Federal Govt., people who can qualify for lower mortgage loans (not those...more
Q1 and Q2 have been failures, so the Fed answer is to throw more money at problems which will create new bubbles for future collapse. We will pay more for oil, food and many more imported goods. Inflation is unavoidable. The Fed needs to stay out of economy and pumping up Wall Street and start to preserve the value o...more
time to stop the asinine behavior of the fed. Inflation is underestimated as energy and food inflation are ignored and medical inflation tremendously undervalued in their inflation figures. Decreasing the value of the dollar will push energy prices higher which will greatly hamper any meaningful recovery. Low interes...more
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