PDA

View Full Version : Inflation--say It Ain't So..



LETMYSILVERGO
1st July 2008, 14:42
I think I know the answer to this question, but it is hard to believe.
After 4 years of working on the flight deck bombing poor "Charlie" ( what a waist} I got a BS in businessin 1978

So waht I learned is most lilkley out of date.

So when the Gov figures inflation rates, "They don't inclued FOOD or FUEL???
The only thing most folks spend their money on. It this right?? if so ,it's might stuff up.

SilverHawk
1st July 2008, 23:24
The Government slights the numbers to make things look better than they really are. The FED is just as bad by not reporting the M3 figure, anymore.

Judge by what you see, not what you hear

balou2
2nd July 2008, 00:00
The Government slights the numbers to make things look better than they really are. The FED is just as bad by not reporting the M3 figure, anymore.

Judge by what you see, not what you hear

As I'm hear to learn, as well as contribute, I'll step up and ask the question. What is the M3 figure?

TTAZZMAN
2nd July 2008, 00:31
As I'm hear to learn, as well as contribute, I'll step up and ask the question. What is the M3 figure?

The simplest answer is M3 is the total dollar money supply in the economy

here is a link to a M3 chart up to the time the fed quit publishing the #

http://www.economagic.com/em-cgi/charter.exe/fedstl/m3sl

here is a link to a official definition of M3 (also includes charts)

http://en.wikipedia.org/wiki/Money_supply

Argentum
2nd July 2008, 06:49
Good info for a basic look at inflation

http://en.wikipedia.org/wiki/Inflation

pkrebaum
2nd July 2008, 07:23
Don't forget to visit:

http://www.shadowstats.com/

for the truth on what's really happening, & how our gov't fudges the numbers to make it look like everything's alright.

LETMYSILVERGO
2nd July 2008, 16:20
just read pkre -- link..." some day someone will have some 'spaining to do about the these numbers. Unbelievable.

balou2
2nd July 2008, 23:20
just read pkre -- link..." some day someone will have some 'spaining to do about the these numbers. Unbelievable.

In theory...but there aren't enough sheeple actually paying attention.