. . .
K “‘Shadowstats’ by John Williams.”
J “‘Chapwood Index’ by Ed Butowsky.”
. . .
K “$8.99 two years ago, $13.99 one year ago and $22.77 one week ago. If it is available.”
J “$577 two years ago, $777 one year ago and $929 one week ago. If it is available.”
. . .
K “The inflation in what is generically referred to as ‘higher education’ must be analyzed over ten years. Tuition is tied to increases in schooling loans. The federal government makes more money available at steep interest rates which triggers the universities to raise tuition and hire more superfluous administrators.”
J “Housing prices are through the roof and only getting worse with the price of lumber and consumer durables rising.”
. . .
K “What happens when inflation undermines the real rates of return in the bond market and forces the Federal Reserve to consider raising interest rates?”
J “Raising the interest rate increases the cost of paying off the national Debt. Thus, the Fed must raise interest rates and must not raise interest rates.”
. . .
[See the e-commentary on stealth inflation at “Back Door Inflation (July 16, 2007)”, the dubious numbers advanced by the government at “The Economic Numbers Game (May 5, 2008)”, the underpayment of public benefits based on false and distorted information at “Social (In)Security And The C.P.I. (May 29, 2017)”, the consequences of thwarted supply lines at “Covid-19: BAU v. BAU (February 24, 2020)” and a treatise on housing at “Housing: Another Bubble Blown By Criminally Low Interest Rates (August 24, 2020)”.]
Bumper sticker of the week:
Whip Inflation When? How?
e-commentary 