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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Kirk © who wrote (6642)2/1/2019 7:35:17 PM
From: Winfastorlose1 Recommendation

Recommended By
isopatch

  Read Replies (2) | Respond to of 26766
 
Unless you are getting about 10%, you are not getting more than inflation. The government has been changing the way it determines inflation in order to suppress the official inflation numbers. This saves them from having to pay higher cost of living adjustments with social security recipients as well as other other political benefits.

John Williams shows the numbers based on 1980 and 1990 methods.

shadowstats.com



To: Kirk © who wrote (6642)2/1/2019 7:48:51 PM
From: Ken Adams  Read Replies (1) | Respond to of 26766
 
Aren't you looking at Synchrony Bank? I've been with them on my CDs since you suggested them to me a few years ago. Last week I renewed a 15 month CD at 2.85%. I know that's not cause for a big celebration, but I think it's the best rate out there for that time frame.


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