tag:blogger.com,1999:blog-3758330678390419129.post2290449421738387100..comments2024-02-13T02:39:22.756-05:00Comments on EconomicPolicyJournal.com: Atlanta Fed: 'Flexibile Prices' SkyrocketingRobert Wenzelhttp://www.blogger.com/profile/14296920597416905488noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-3758330678390419129.post-20646621703307866312011-04-16T13:29:38.936-04:002011-04-16T13:29:38.936-04:00^^^ Inflation is a tax, some countries are better ...^^^ Inflation is a tax, some countries are better known for it than others. Italy pre-EU in particular.<br /><br />http://en.wikipedia.org/wiki/SeigniorageAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-83757285811559849882011-04-16T10:50:39.780-04:002011-04-16T10:50:39.780-04:00I believe a singularity will be triggered when the...I believe a singularity will be triggered when the Carl's Jr $6 Burger becomes $7.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-11626288146690686172011-04-16T00:51:44.855-04:002011-04-16T00:51:44.855-04:00@ Anon 11:35
The government and the big businesse...@ Anon 11:35<br /><br />The government and the big businesses are the ones who receive freshly printed money. They can spend it before price increases set in while simultaneously causing the inflation by introducing more currency into circulation. This, in effect, is a way for them to take money from people without having to actually tax it away.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-59377547448791866472011-04-15T23:35:37.104-04:002011-04-15T23:35:37.104-04:00@ Charlie -
it is not a tax; the govt does not r...@ Charlie - <br /><br />it is not a tax; the govt does not receive any money. it is a price increase.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-5275037506654561952011-04-15T22:26:05.014-04:002011-04-15T22:26:05.014-04:00I believe based on our shopping these past few yea...I believe based on our shopping these past few years, that inflation has been about 5-10% each year. The last 6 months, the slope is on the up and up.<br /><br />Of course, anything related to oil is way up.<br /><br />Most of our tax assessments have been up 10% each year but our property value is down - go figure. Other dues are up. The foods that we buy a lot are way up - onions have gone sky Messagehttps://www.blogger.com/profile/04771755597931716829noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-50096881861482117142011-04-15T19:03:17.111-04:002011-04-15T19:03:17.111-04:00Thanks Atlanta Fed.
That must be why Silver is ove...Thanks Atlanta Fed.<br />That must be why Silver is over $43 ozt.Anonymousnoreply@blogger.com