Showing posts with label inflation. Show all posts
Showing posts with label inflation. Show all posts

Wednesday, February 23, 2011

India People also Protesting due to Inflation, Running Away in the Country

India is also having thousands of people taking to the streets, just as the Middle East has had!  They are protesting the inflation that is taking grip in the country!

This is proof, it is over Bernanke's fiscal policies that are causing unrest around the world!  The amount of dollars now on the market around the world is causing massive inflation where people are the poorest!

People in the U.S. need to stop living under a rock and realize massive inflation will be here in the not too distant future.  The cost of food will skyrocket!  Once the dollar is completely dropped as the reserve currency, we will go Zimbabwe! 

Article:

Feb 23, 2011

Mass rally against inflation in Indian capital


The mostly working-class demonstrators, many carrying Communist flags and shouting slogans against inflation and corruption, converged on the centre of New Delhi for the rally, with surrounding trunk roads closed to traffic. -- PHOTO: AFP


NEW DELHI - TENS of thousands of people gathered in the Indian capital on Wednesday to protest against inflation, complaining that rising prices were increasing hardship for the country's many poor. 

The mostly working-class demonstrators, many carrying Communist flags and shouting slogans against inflation and corruption, converged on the centre of New Delhi for the rally, with surrounding trunk roads closed to traffic. 
 
The rally was organised by the Centre of Indian Trade Unions (CITU), which joined forces with other unions to pressure the government over inflation before the unveiling of a new annual budget next Monday.
'Workers from 19 states, thousands of women among them, are reaching Delhi and will march to parliament to seek their rightful share in the country's so-called 'robust growth story',' said a CITU statement. 
 
The CITU said it expected 800,000 to one million people, though this figure could not be independently verified. Police were unable to estimate the number of demonstrators. 
 
Prime Minister Manmohan Singh has described inflation as a 'serious' threat to India's growth, and the government has been racing to boost vegetable and other supplies to bring down soaring food prices. -- AFP

Saturday, November 13, 2010

Video - MUST WATCH - Bernanke - Fed - Goldman Sachs - What is Deflation to Inflation - Video Explains Itself!

MUST WATCH - Probably the Best Video in Explanation of Deflation to Inflation - What the Fed really is - Bernanke, Goldman Sachs - PLEASE GET THIS VIDEO OUT THERE! Pass it around!

Sunday, October 17, 2010

Do U.S. Government Agencies Even Talk to Each other and Share information? The Fed WANTS inflation - Purchasing 1.7 Trillion of U.S. Bonds/t-bills - YET the Agency for Social Security NO COLA increase! What Complete B.S.! China releases Angriest Statement Yet, against U.S. monetary practices! Included is VideoTrailier for "End of Liberty"

The U.S. government is NOT increasing Social Security YET AGAIN for 2011, they did not Increase it for 2010 either.  I had posted about this the other day!  They are saying NO Inflation - which is Complete Bullshit!  They are using big ticket items, cars, T.V.'s, etc.. as the majority of the "no Inflation", because those have been steady in prices, as NO ONE is Buying big ticket items... so of course they go Down in Price!

BUT FOOD, GAS, UTILITY BILLS HAVE INCREASED DRAMATICALLY Since Last Year!  Food they are saying has not really increased - BUT they are NOT taking into account that food items purchased have been halved in amount so the price can stay the same.  So in reality, Food has DOUBLED IN PRICE!  Gas last year was around $1.70 - this year it is One dollar MORE, Utility bills have increased at Least 10 to 20% than last year.   I have been watching all the REAL COST OF LIVING Go up and up and up!

What I have a real problem with too, is The Fed is saying THEY WANT INFLATION!  They may say 1.7 to 2% But we know, as they purchase the U.S. bonds and keep creating Trillions out of paper, they are printing 24/7, which is also known as the U.S. dollar... it will NOT just be a max of 2%. 

Lets talk what Reality is... Reality is China is getting more and more Upset!  They are voicing and releasing their negative opinions more and more.  If you are aware how China works.... they keep things to themselves and do on publicize it, until they have taken action.  Look at the Gold they admitted to acquiring, years after they purchased it.  They did not want gold to start going up, so they did not release the fact they had been purchasing it UNTIL after they had gotten a few hundred tons.  They are voicing more and more, how angry they are with the U.S.

China just came out with this Unbelievable Statement "The U.S.'s Currency War isTomb Maker"

Portion

Chinese leaders have warned before that loose monetary policies in the United States pose a serious challenge for emerging markets, but rarely in such strident language, a window onto the rising anger in Beijing.

"The dollar's depreciation may appear to be market-driven. In reality, it is a depreciation coloured by very strong, deliberate actions," Li said in the paper, which serves as the chief mouthpiece of China's ruling Communist Party.

Does everyone understand that statement!  That is a point blank - SHOT AGAINST THE U.S. BOW BY CHINA! They are saying directly!  "You Will Go Down" by starting this currency war they are determined to.
At least Geithner did not make his little announcement on Friday, that was expected to say "China is a currency manipulator"!  He is going to wait until after the next G20 meeting. 

HOW DID WE GET SO FAR DOWN THIS RABBIT HOLE?  WE AS CITIZENS HAVE NOT PAID ATTENTION, INSTEAD WE WATCH STUPID MEANINGLESS SHOWS ON T.V., WE ARE DRUGGED IN OUR WATER, WE HAVE LET WASHINGTON RUN WILD AND TRANSFER POWER FROM BEING "WE THE PEOPLE, BY THE PEOPLE" GOVERNMENT TO "WE THE CORPORATIONS AND BANKS AND ALL LAWS FOR THE CORPORATIONS AND BANKS, SCREW THE PEOPLE"!  THAT IS REALITY!


OUR REALITY SUCKS NOW...... WE ALLOWED THIS TO HAPPEN!!   QUESTION - WHAT ARE WE GOING TO DO ABOUT IT NOW?  BESIDES PEOPLE NEEDING TO WAKE UP!

End of Liberty Movie Trailer:

Sunday, October 10, 2010

Wall Street Banks DeFrauding the People with MERS AND U.S. Government DeFrauding the People - NO Inflation/ Living Expense Increase for Social Security Recipents for 2nd Year - YET Congress and Senate RAISES Their Pay for Living Expense Increase!

NO Inflation/ Living Expense Increase for Social Security Recipents for 2nd Year - YET Congress and Senate RAISES Their Pay for Living Expense Increase!

I had posted about the Government Officials Raising their own salaries, while those on Social Security were Screwed last year due to not getting an inflation adjusted increase.  BUT I never dreamed that once again the government would NOT increase the social security for those who NEED it the most!  I am sickened with what is happening!  How is it, THE PEOPLE don't get an increase for the cost of living YET the Government officials do?!  What criteria is Used for Social Security and for the Government officials?  Because it sure does seem - DIFFERENT Criteria must be used for the People to be Getting Screwed and the Government elected officials getting the Cake and eating it too!

Portions:

The cost-of-living adjustments, or COLAs, are automatically set each year by an inflation measure that was adopted by Congress back in the 1970s. Based on inflation so far this year, the trustees who oversee Social Security project there will be no COLA for 2011. 

The projection will be made official on Friday, when the Bureau of Labor Statistics releases inflation estimates for September. The timing couldn't be worse for Democrats as they approach an election in which they are in danger of losing their House majority, and possibly their Senate majority as well.

"While people aren't getting COLAs they certainly feel like they're falling further and further behind, particularly in this economy," said David Certner, AARP's legislative policy director. "People are very reliant on Social Security as a major portion of their income and, quite frankly, they have counted on the COLA over the years.

Wednesday, October 6, 2010

Just In... Fed Officials Mulling INFLATION as a Way to Fix Economy! They WANT people to Spend (use all their money) to get the economy rolling! Uuuhhh..... a cover for what is happening anyway and they can say "Oh, we wanted this to happen"?!

There are some articles and things the Feds and U.S. government says, you just have to laugh at.  An article just out and dated for tomorrow (7th of Oct.) says the Feds are mulling inflation as a fix to the economy.

Now.... lets just step back for a moment.......  First the Feds have printed literally TRILLIONS of dollars, no one is buying our debt anymore, except for them monetizing it.  So, the reality is, we are going into Big time inflation, there is no way around that fact.  We have been very lucky so far, due to the dollar being the trading currency of the world.  But, China, Russia, Arab states and even Europe now, have been working on freeing themselves from the dollar and started trading with their own currencies.  Look at South America, many of those countries now trade between each other with their local currencies instead of the dollar.  Many places around the world do not want to take dollars anymore either.

So it seems the Feds are using a cover story to say "We want inflation to help the economy".  What is also funny, is in the article they say "people will spend their money more".   Oh really?  Yeah, it will cost double the price of things, they won't have a Friggin choice but to spend more!  It won't help the economy, at all!  and it definitely won't help the people at all!  People will suffer more from high inflation!

This article has the most ridiculous arguments of wanting inflation.  But the reality and truth is, inflation will not be a choice, it will have to be.  The Feds have printed too much to give to the banks and corporations and paying for wars, we should not be in.  Will we go Zimbabwe?  I can't imagine that.  But inflation is coming and is already showing itself in rising food prices.  The big ticket items of T.V.s and electronics will deflate, due to no one purchasing them, but the items and food everyone will need, will be what skyrockets in inflation.

Now, I wonder how Gold and Silver will react to this news?  Got a chair to sit back and watch "The Honeymooners"?  So you can see Ralph say "TO THE MOON ... ALICE - TO THE MOON".

Portion of article:

The Federal Reserve spent the past three decades getting inflation low and keeping it there. But as the U.S. economy struggles and flirts with the prospect of deflation, some central bank officials are publicly broaching a controversial idea: lifting inflation above the Fed's informal target.

The rationale is that getting inflation up even temporarily would push "real" interest rates—nominal rates minus inflation—down, encouraging consumers and businesses to save less and to spend or invest more.

Both inside and outside the Fed, though, such an approach is controversial. It could undermine the anti-inflation credibility the Fed won three decades ago by raising interest rates to double-digits to beat back late-1970s price surges. "It's a big mistake," said Allan Meltzer of Carnegie Mellon University, a central bank historian. "Higher inflation is not going to solve our problem. Any gain from that experience would be temporary," adding that the economy would suffer later.

Don't cha, just LOVE - they come right out and say "SAVE LESS AND SPEND MORE"!  Why didn't they give THE PEOPLE A BAILOUT - if that is what they wanted?  Why didn't they give the Trillions away to the people instead of the upper echelon and banks?  Our economy would be Awesome, if they had given the people the money and not the banks... people would be spending, buying cars, houses and everything under the sun.  No business would be hurting, people would be employed and we would not be going farther down the rabbit hole that has been dug for us.

But of course...... Gold and Silver WILL BENEFIT From this!!!  YA GOT SOME?

Monday, August 10, 2009

Gold Shadow Price $6000? Managed Inflation of Dollar - expectations

Please see the post below - with expectations of a short downturn of Gold - manipulated by the commercial shorts on Gold.

Another article today - mentions the dollar will have controlled inflation and the real price of what Gold should be (shadow) will eventually be at $6000.00 per ounce.

Link to article in PDF form: http://www.gata.org/files/QBAssetManagement-07-2009.pdf

As the SGP implies, an ounce of gold would fetch almost $6,000 if we lived in a world characterized by disciplined money issuance. In effect, people and governments around the world would have been exchanging their Federal Reserve Notes for gold to the point that it would take 6000 bills to buy an ounce. The Shadow Gold Price solves for the price of an ounce of gold if the US dollar were still pegged to gold and its rise reflects the inflation of the Monetary Base. (Gold used to actually be the US Monetary Base prior to 1971, when the US and other governments abandoned the Bretton Woods Agreement that imposed monetary discipline on their money printing.)
Obviously this appears to be a crazy gold price within the context of the $900-plus price at which gold has been trading recently on global exchanges (though we do remember its rapid move from $35 to $880 the last time around). We are under no illusions that the price of Comex gold will rise to track what we see as its intrinsic value (not because it shouldn’t, but because we expect external market forces with great interests in protecting the sovereignty of fiat currencies to step in before that occurs, see “Potential Endgame – A Managed USD Devaluation” below).


There is a lot more in the article, including charts. I suggest everyone read this, who is interested in gold.

Position yourself for the coming huge economic changes here in the U.S. and abroad. Make sure you have covered yourself, in preparations in all ways.