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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: combjelly who wrote (766760)1/29/2014 1:44:24 PM
From: Broken_Clock  Read Replies (2) | Respond to of 1576336
 
inflation at 1.2% ???

roflmao!

let us know when you touch down to Earth.



To: combjelly who wrote (766760)1/29/2014 2:03:38 PM
From: Tenchusatsu  Read Replies (1) | Respond to of 1576336
 
CJ,
But we ain't anywhere close to that with inflation roaring along at 1.2% on an annualized basis.
It's actually 1.5%, but that's a nitpick.

My belief is that the easy money policies of the Fed are actually the new "trickle-down economics" that is primarily benefitting the rich investor class. That is why inflation isn't hitting the Fed target of 2%.

Tenchusatsu