Saturday, November 29, 2014
Price Inflation in San Francisco vs. Detroit and the US CPI
Fed printed money is flowing big time in the Silicon Corridor and the price inflation data shows it. It is well above Fed "target" inflation.
For more on Fed targeting SEE:
Is Milton Friedman the Direct Cause of the Current Crazed Fed "Inflation Targeting"?
(via
Matthew B.
)
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