tag:blogger.com,1999:blog-1592992209402300549.post2172517610002814..comments2024-03-28T08:06:43.198-04:00Comments on The Silicon Graybeard: Inflation to Get a BoostSiGraybeardhttp://www.blogger.com/profile/00280583031339062059noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-1592992209402300549.post-42914851982018367532010-10-20T21:01:02.558-04:002010-10-20T21:01:02.558-04:00Exactly. This sort of "hidden inflation"...Exactly. This sort of "hidden inflation" is everywhere and the real inflation we're feeling is way higher than the Fed.gov is reporting. I was just reading a column on <a href="http://dailyreckoning.com/reaching-for-yield-in-the-bond-market/" rel="nofollow">The Daily Reckoning </a>that has this gem:<br /><br />"Inflation as measured by John Williams at shadowstats.com is running somewhere in the 8%-plus range, and <i>The Economist</i> magazine is measuring a blistering 23.8% inflation in ‘all dollar items,’ with a terrifying 20% inflation in the price of food! Yikes!"SiGraybeardhttps://www.blogger.com/profile/00280583031339062059noreply@blogger.comtag:blogger.com,1999:blog-1592992209402300549.post-15609420331120621052010-10-20T13:38:53.419-04:002010-10-20T13:38:53.419-04:00My wife tells me how things at the store that used...My wife tells me how things at the store that used to cost $.99 now cost $1.49 for example. I suppose no one really notices because $.50 doesn't seem like much, but I like to point out that its a whopping 50% increase in price. It seems that most producers take the "$.30 here, $.50 there" approach to raising prices until you look around and everything costs twice as much as it did last year. Creeping inflation, its the classic frog in the pot illustration. Of course, one could argue that deflation would be worse (think Depression II) but I have a feeling that either way things are probably going to get ugly here before to long.Event Horizonhttps://www.blogger.com/profile/10554770386040937098noreply@blogger.com