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Strategies & Market Trends : Currents of Currency -- Ignore unavailable to you. Want to Upgrade?

To: The Wharf who wrote (135)	2/8/2012 11:48:48 AM
From: The Wharf	Read Replies (1) \| Respond to of 594

The numbers are proving Federal Reserve Chairman Ben S. Bernanke’s critics wrong. More than a year after Republicans from House Speaker John Boehner of Ohio to presidential candidate Ron Paul of Texaswarned that the Fed’s second round of asset purchases risked a sharp acceleration in prices, the surge has failed to materialize. The personal-consumption-expenditures price index rose 2.4 percent for the 12 months ending in December, near the central bank’s 2 percent target. To me it is very difficult to come up with figures that are accurate as to inflation. In this case what is not included is how people manage to keep their costs in tow by finding less costly sources to buy the products from; It is my belief excluding housing inflation has increased higher than this figure states.