So, it can't go over 8%, right? I'm pretty sure that's what my econ text said...back in 1969.
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Inflation is low for now because only a tiny % of people can afford anything besides food and rent. If they say that, it says they've failed
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I can tell you why inflation is low. Because they make everything a lot smaller and crappier so they can keep the price the same.
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They are all ex weather forecasters
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B/c inflation would KILL the housing market; the home prices are too high considering most people's income don't equate. Look at MD market.
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Inflation isn't dead. It's just been diverted into assets. r>>g
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Here in Canada does taxflation count?
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Dam WSJ finally asking the real question, what happened?
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People trust/believe media financial talking heads? Feels like being set up for new bubble event. Hobbles " Target groups" from "rising"?
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Maybe because their models are wrong,you can't pick and choose what's in & out because you don't like the answers only the delirious believe
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Great Q!!
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obama admin altered how inflation was calculated by removing price of food and gas
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Their knowledge and experience has reached the point of diminishing return. Hence they can't explain why inflation is so slow.
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