Saturday, January 31, 2015

The Fed Manipulated Boom is Clearly On

via Joseph Weisenthal

Can price inflation be far behind?


1 comment:

  1. I have no idea what this chart is supposed to be saying, but let me give it a stab (the b.s. from uncle sammy just never ends). BTW, what the hell does the term “wage leading indicators” supposed to mean? No matter. Apparently this is data shows an overall increase in nominal wages over the last eight years, and wages are up a trifle since ’07. But that is based on nominal dollars and not inflation adjusted dollars. Which means, of course that the average schmuck working for a living has seen his earning in fact go down! This is precisely what every working stiff in the U.S. already knows as fact! Who are these lying propagandists trying to kid?