Jump to content



Photo

What's "Red Hot" today? INFLATION


  • Please log in to reply
7 replies to this topic

#1 Rogerdodger

Rogerdodger

    Member

  • TT Member*
  • 26,991 posts

Posted 16 March 2011 - 02:23 PM

http://www.nasdaq.co...c-calendar.aspx
Producer price inflation remains red hot "

Record high food, record low building permits...Stagflation?

So where is the benefit from all those Trillions?

Edited by Rogerdodger, 16 March 2011 - 02:32 PM.


#2 Rogerdodger

Rogerdodger

    Member

  • TT Member*
  • 26,991 posts

Posted 16 March 2011 - 02:24 PM

FOOD PRICES JUMP MOST SINCE 1974


That's about the time when a dishwasher made enough to buy an ounce of gold a week.


An ounce of Gold and a rich 16 year old dishwasher Posted Image 12
Gold, Vietnam and my first W-2

Edited by Rogerdodger, 16 March 2011 - 02:35 PM.


#3 Rogerdodger

Rogerdodger

    Member

  • TT Member*
  • 26,991 posts

Posted 16 March 2011 - 02:28 PM

Housing starts see biggest drop since 1984

"Building permits fell 8.2 percent to a record-low seasonally adjusted"
"The February annualized pace of 0.479 million units was sharply lower than the median forecast for 0.560 million units and is down 20.8 percent on a year-ago basis. The February reversal was led by a monthly 46.1 percent drop in multifamily starts."

Edited by Rogerdodger, 16 March 2011 - 02:31 PM.


#4 Rogerdodger

Rogerdodger

    Member

  • TT Member*
  • 26,991 posts

Posted 16 March 2011 - 02:36 PM

So where is the benefit from all those Trillions?

#5 Sentient Being

Sentient Being

    Member

  • Traders-Talk User
  • 4,262 posts

Posted 16 March 2011 - 02:46 PM

I noticed that one article indicated that wages are not keeping up with inflation.
In the end we retain from our studies only that which we practically apply.

~ Johann Wolfgang Von Goethe ~

#6 Mr Dev

Mr Dev

    Member

  • Traders-Talk User
  • 11,528 posts

Posted 16 March 2011 - 03:34 PM

i also have a question... why can't our government take the 2 billion dollars they've just dedicated to Egypt and spread it around to our needy USA local states that are hurting?

are US dollars so worthless we can afford to give them away to other countries at the rate of billions ?

So where is the benefit from all those Trillions?


Edited by Mr Dev, 16 March 2011 - 03:35 PM.


.. .. ..
Mr Dev

......trading is basically a simple operation, but you have to be a genius to understand the simplicity.
.....timing,..... is ....everything !
... remember no guessing visit MrDev!

#7 Lee48

Lee48

    Member

  • Traders-Talk User
  • 1,619 posts

Posted 16 March 2011 - 05:56 PM

So where is the benefit from all those Trillions?


LOL, you know full well who got the benefits/bailouts. Wallstreet, banks, AIG, and GM/unions.
Ben already said he wanted higher inflation to stop the deflation tide that we should be going through by paying down debts.

The gas pump in my area is at a solid $3.65 and I noticed Walmart has jacked up food prices, probably because they disappointed wallstreet on their earnings last time.

I remember in the late 70s gold still went up big time as Volker came in raising rates to put a stop to inflation. So far rates haven't hardly started to go up.
What happens when "king dollar" is no longer king? like it's not already as countries move away and look to create something else.

#8 spielchekr

spielchekr

    Member

  • Traders-Talk User
  • 3,104 posts

Posted 16 March 2011 - 08:30 PM

Oh, the irony