The reality since Ben Bernanke announced his QE2 policy in August 2010 is:Yet, official statistics from the BLS state inflation is running at 2 - 3%. They must be applying fictional math in the District of Corruption.
- Unleaded gas prices are up 45%.
- Heating oil prices are up 46%.
- Corn prices are up 71%.
- Soybean prices are up 26%.
- Rice prices are up 13%.
- Pork prices are up 31%.
- Beef prices are up 25%.
- Coffee prices are up 38%.
- Sugar prices are up 48%.
- Cotton prices are up 13%.
- Gold prices are up 42%.
- Silver prices are up 115%.
- Copper prices are up 23%.
Tuesday, August 16, 2011
Inflation is not "transitory"
According to Jim Quinn of the The Burning Platform blog:
Labels:
Ben Bernanke,
commodities,
inflation,
QE2
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment