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Retail And Food Sales: If It’s Not Inflation, And It’s Not, Then What Is It?
OK, so we went through the ways and reasons consumer price increases are not inflation, cannot be inflation, are nowhere near actual inflation, and what all that really means. The rate they’ve gone up hasn’t been due to an overactive Federal Reserve, so it has to be something else. This is why, though the bulge has been painful, it’s already beginning to normalize. Without a persistent monetary component (in reality, not what’s in the media) the economy will adjust eventually. It already has. Several times, and that’s part of the problem. charts If not money, and it’s not, then what is behind the camel ... (full story)