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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: Real Man who wrote (6791)	5/2/2008 10:26:10 PM
From: Giordano Bruno	Respond to of 71445

What's wrong with this picture? bloomberg.com DOW = 13058

To: Real Man who wrote (6791)	5/3/2008 7:11:30 AM
From: SouthFloridaGuy	Read Replies (4) \| Respond to of 71445

Look I don't disagree John Williams is a stand-up guy. What I have a disagreement is that any one person or body of people - including the Fed - know what the inflation rate is. The inflation rate seen by a Harry Macklowe is not the same inflation rate seen by Vi. Statistically, Americans have no savings in its narrowest definition. Therefore, why do they care that "savings" is being eroded by "inflation"? Meanwhile household wealth - the best measure of total savings - is declining. That ain't inflationary.