PRICE DEFLATION
Okay, today and tomorrow are going to be a bit light. Tomorrow is a holiday of course, and I am only coming in long enough to pick up food before I go home and hopefully start the new Stephen King book that was delivered today. Over a thousand pages. Not only did it most likely cost Wal-Mart money to send it to me, more than likely I will enjoy it immensely, and as a plus some time in the future I can use it as a weapon and bludgeon some idiot with it. Three and a half pounds. That is not why I have to give you two short articles of course. I had the Boy Scout food drive last weekend and have had no free time to write the article ahead of time. Sorry, last night was “House” and “The Big Bang Theory” and I wasn’t going to miss those. I need to do this every once in awhile so you miss me terribly and realize you can’t sleep without my screeching words of panic.
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I’m at the Laundromat Sunday and had failed to plan properly for the extra time on my hands after I had gone to get gas and fill up the water jugs. I was feeling like crap, fighting off Barnyard Flu someone had given me ( I’m feeling much better after two days thanks to clean living and the love of Baby Jesus, thanks for asking ) so I can excuse my brain fart on that. I went down the street and bought a USA Today. Right there that should have tipped you off to how ill I was. And there was an article on how we are all saved by our lord and savior Obammy. Why lookee here, you stupid asshats that buy this fishwrap of a so-called newspaper, if you look at the prices of everything, you can see why we are in deflation and inflation is nothing to worry about, but that would also explain why grandma didn’t get a Social Security COLA this year ( or next, and she’ll be darn lucky to even get a check the year after that ). Now, these aren’t my words. That was exactly what the article was saying. Price deflation, so no worries. As you might imagine, even in my weakened and befuddled state I got quite agitated and started glaring daggers at the newspaper, hoping it might spontaneously combust.
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They pay this freak of nature to write this drivel. And they place the article in the Money section, implying that he is an actual economist that was edumacated at a college and everything. I can only conclude two things here. Either he is a supreme idiot and should be castrated ( you’ll note my recent trend of writing about stopping undesirables from procreating- this is a feeble effort to appease my new masters as they take over the globe ) or he is accepting a paycheck to deceive and confuse. Either way, I think eventually a lamp post might not be a bad place for him. Price inflation or price deflation is not the same as the direction of the money supply. You can print up a boatload of currency, add a few zeros to the computer, and that doesn’t automatically correspond to retail prices. Most of the time, sure. But not all of the time. Such as when all retailers are feeling the pinch of decreased consumer purchases and are cutting prices in desperation. The money supply is inflating. And soon you will really notice. But for now the scramble to survive is keeping prices low. We have an inflating money supply with decreasing retail prices. It won’t last long.
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Tuesday, November 10, 2009
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5 comments:
Jim:
Happy Veteran's Day a tad early.
What passes for intelligent writing on economics in this country would shame my 9th grade math teacher.
Much the same for writing on firearms as well - Is it any wonder they are so thin? - they are full up on the Kool-Aid!
oh, gee whiz everybody knows that with your home value and savings going thru the floor that the government can offset the economic contraction and spend "our" way thru the mess without hyperinflation....
guess what prole, the bankers and the elite will want their tax free bond payments next month (paid thru higher taxes) otherwise the government will fail, and you won't get free drugs that don't work, the police will stay home w/o a paycheck and the infidel terrorists will blow themselves up at the local schoolyard.....
so jimbo's right about the coming conflagration, in fact, it's already happening for a lot of people who believed in the 'system'. wake up. the gig is over for the fossil brains.
and the king of siam is still debating over whether 40,000 more troops to pipelinestan is "too many"...
yeah! the surge is working.... hurrah! we're saved. that much violence and killing and "we" still can't win...
god bless america, and all it's idiot asses, because frankly god loves all his creation and can wait till they get their shit together, either 10 years or ten lifetimes from now.
Today and tomorrow a bit light?? Well, you are a Veteran and deserve it. Some of us get a bit smart-assy at times with our comments and if anybody deserves a break it would be you. Very few bloggers can "suck it up" like you. You are a terrific writer and truly one of the most unique characters anywhere in the blogosphere. Keep givin' us Truth with that caustic wit of yours. You ain't got me convinced of an "acre of junk land" in the desert yet, but you got me thinkin'.
Master,
Is it to late to late to buy gold or silver? I have the 3 "B"s covered.
Happy V day. This is the first V day this Vet has not worked in many years.
I'm on the skeptical side calling myself a veteran. I usually think of combat vets as veterans, not anyone who served in the military. It is amazing the raw deal these guys got most of the time, and I stand in awe. As for gold, I would be wary of sinking such a large amount of cash into an ounce. You won't lose money, but it is a huge investment. If I had the cash, I'd still buy silver. Affordable enough.
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