By John Galt
October 19, 2011 – 12:30 ET
Thankfully inflation is under control.
Good job Ben!
Of course if you do anything but wash your car daily, get some sort of legal service (Sorry Congress, she doesn’t count; Barney he doesn’t either per the BLS) buy a new home every month, buy a new computer every month, OR use “video services” then this month’s CPI report might hurt.
But politicians, Federal Reserve officers, people investing in anything but precious metals, and morons telling you that a negative 0.4% yield after adjustment for inflation is awesome are loving this because it means you’ve been sheared again.
Here is the monthly CPI-Necessities report, year to date, exclusive to my readers and guess what? It sucks again.
Actually though, I do wear deodorant; I bought a case of it years ago before the Bush-Paulson-Bernanke Troika decided to destroy the dollar.
It’s called Eau-De-Gold. Got some?