The I-word - Boston.com: "That particular nightmare never came to pass, thanks to drastic measures taken by the Federal Reserve. For the better part of the past 30 years, the dollar has stayed stable, reassuring American families and the nation’s trading partners, with the central bank standing guard over the economy and doing everything necessary to keep inflation low."
Its funny. Our costs at the market for dairy and fruit have gone up and things at the dollar store are a dollar no more. Yet I get Amazon offers for a meal that would cost $150 if it was not for their $75 coupon. Inflation appears nonexistent for the privileged whose income and worth is 20x that of the the rest. Poor and lower income whites, Blacks and Hispanics scrape by. Inflation is a constant. We have a bubble economy for the better off with prices pre-inflated so there is wiggle room. Where prices are real - at the bottom - inflation is happening right now.
Subscribe to:
Post Comments (Atom)
RECCMENDATION Richard Gordon Quantum Touch
The Slow as Molasses Press
-
A Setting for a Poem "Denial" Beloved by the Greek People by the Nobel Prize Winning Poet Giorgos Seferis http://www.youtube.c...
-
Japan tsunami debris expected on Alaska shores soon: Earthquakes | Alaska news at adn.com : "Debris from the March 11 Japan tsunami has...
-
Chicago magazine | What Happened Between David Protess and Medill? : Apparently still untangling or tangling depending on your POV. Global O...
No comments:
Post a Comment