Lifestyle

Making Ends Meet Is Getting Harder

THIS IS NOT A “THAT’S WHAT SHE SAID” JOKE …  || By FITSNEWS || Charles Hugh Smith from the Of Two Minds website has a great post up this week debunking the “zero inflation” myth – and the shredding the “stable prices” narrative we keep hearing from the Federal Reserve….

THIS IS NOT A “THAT’S WHAT SHE SAID” JOKE … 

|| By FITSNEWS || Charles Hugh Smith from the Of Two Minds website has a great post up this week debunking the “zero inflation” myth – and the shredding the “stable prices” narrative we keep hearing from the Federal Reserve.

His conclusion?  Stuff is more expensive.  A lot more expensive.

Oh, he’s got charts to prove his point too …

First, here’s inflation as measured by the consumer price index …

cpi

Here’s a look at soaring urban area rents …

rent

And here’s your state and local tax bill …

taxes

Yikes …

“I sure am glad there’s no inflation, because these ‘stable prices’ the Federal Reserve keeps jaw-jacking about are putting us in a world of hurt,” Smith concluded. “If we had honest-to-goodness inflation, that would push us right over the edge.”

Bottom line?  If it feels like it’s harder to make ends meet these days that’s because it is.

***

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13 comments

Frank August 6, 2015 at 1:05 pm

Dude, that works out to be a 2.17% CPI inflation rate and 3.01% on rent. Really not that bad. I believe that inflation is taxation in disguise, but you are just trying to rabble-rouse with graphics.

Reply
The Rabble August 6, 2015 at 2:51 pm

Dude, I’m watching WWE…no time for rousing.

Reply
Bible Thumper August 6, 2015 at 4:05 pm

Yeah but did you Google an interest calculator or do it yourself?

(1+i)^15 = 1 + 0.38
ln((1+i)^15) = ln1.38
15ln(1+i) = ln1.38 ___ ln1.38 = 0.3220835
ln(1+i) = 0.3220835 / 15
ln(1+i) = 0.0214722
1+i = e^0.02147221
1+i = 1.0217044
i = 1.0217044 – 1
i = 0.0217044
i = 0.0217044 * 100%
i = 2.17%

Reply
Bible Vomit August 6, 2015 at 4:23 pm

w4uti+seswrws=2=strgsg===sers++srgtsrgnosr
sreafwr999999+++3wtrtw
_2wew3e33—erawrw
fsrsrg
aerwt4wq4rw
wrtw4r–
Fuck You. LMAO!

Reply
9" August 6, 2015 at 1:35 pm

So,we’re supposed to believe any fucking shit that’s on the internet,cause you said so?
If you want to make ends meet,try ‘docking’:The act of placing the head of ones penis inside the foreskin of another’s penis.
David and Patrick enjoyed docking immensely because of Patty’s stretchy foreskin.

Reply
CorruptionInColumbia August 6, 2015 at 1:51 pm

I don’t know if or why I might have needed to know that but (sadly) now I do. One thing about this site, it is certainly educational.

Learn something new every day, whether I wanted to or not…

Reply
9" August 6, 2015 at 5:53 pm

Live and learn;)

Reply
E Norma Scok August 6, 2015 at 1:50 pm

Fits..Quit having kids. They’re expensive. The rest of us who can control our jizms figured it out.

Reply
Bible Thumper August 6, 2015 at 4:15 pm

The problem is not inflation. It is personal income growth and the growth for each quintile of the population.

Reply
Bible Vomit August 6, 2015 at 4:19 pm

The Problem is YOU. Go suck a deek.

Reply
Smirks August 6, 2015 at 4:25 pm

……..…../´¯/)……….. (¯`
…………/….//……….. …\….
………../….//………… ….\….
…../´¯/…./´¯………../¯ `….¯`
.././…/…./…./.|_……_| .….….……
(.(….(….(…./.)..)..(..(. ….)….)….).)
.……………./…/….. ../……………./
..…………….. /……..……………..…/
….…………..(………. ..)……………./

Reply
TroubleBaby August 6, 2015 at 6:19 pm

“The problem is not inflation.”

lol

Reply
euwe max August 7, 2015 at 6:15 am

She’s going to have to give up eye shadow.

But it’s for a good cause – the war in Iraq.

Reply

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