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max
09-24-2008, 09:52 AM
when inflation skyrockets and food / energy prices increase, watch how the media ass clowns will blame rising prices on "increased demand from China and India"


IT'S THE MONETARY PRINTING PRESSES STUPID!
check this out.....

http://www.cnbc.com/id/26862322
jt8025
09-24-2008, 09:58 AM
It's funny. I don't think they consider food and energy in inflation calculations anymore (which are up). But they do take into account housing prices (which are down). Let me know if I am wrong.
Truth Warrior
09-24-2008, 10:02 AM
Isn't it REALLY mostly all computerized now? ;) "Click, click, click" :p
max
09-24-2008, 10:05 AM
It's funny. I don't think they consider food and energy in inflation calculations anymore (which are up). But they do take into account housing prices (which are down). Let me know if I am wrong.

housing is not taken into account...

so if you dont eat...dont need heat or electricity...and live in a tent....you dont have to worry about inflation
max
09-24-2008, 10:06 AM
Isn't it REALLY mostly all computerized now? ;) "Click, click, click" :p

technically, its not printing press creation....its more like cut and paste on a word doc now
Truth Warrior
09-24-2008, 10:10 AM
SIR JOSIAH STAMP, (President of the Bank of England in the 1920's, the second richest man in Britain)

"Banking was conceived in iniquity, and was born in sin. The Bankers own the Earth. Take it away from them, but leave them the power to create deposits, and with the flick of the pen, they will create enough deposits, to buy it back again. However, take it away from them, and all the great fortunes like mine will disappear, and they ought to disappear, for this would be a happier and better world to live in. But if you wish to remain the slaves of Bankers, and pay the cost of your own slavery, let them continue to create deposits."

"The issue which has swept down the centuries and which will have to be fought sooner or later is the people versus the banks." -- Lord Acton
Josh_LA
09-24-2008, 10:43 AM
It's funny. I don't think they consider food and energy in inflation calculations anymore (which are up). But they do take into account housing prices (which are down). Let me know if I am wrong.

doesn't matter what they consider, you pay for it