The inflation adjusted treasuries I was looking at as a low risk retirement fund won’t protect my retirement plan during hyper-inflation since they are tied to six month adjustments in the Consumer Price Index. There will be huge losses in these funds during any hyper-inflationary period. Without including fuel and food from the core index, the CPI is bogus.
“Some users of CPI data use this index because food and energy prices are relatively volatile, and these users want to focus on what they perceive to be the “core” or “underlying” rate of inflation.” http://www.bls.gov/cpi/cpifaq.htm
This is a goofy statement during a hyper-inflationary period.
Because I am so proud of it LOL
Blithe Masters http://img.photobucket.com/albums/v393/youricarma/Miscellaneous/BlitheMasters.jpg
Blithe Masters Vampirella http://img.photobucket.com/albums/v393/youricarma/Miscellaneous/BlitheMasters-Vampirella1.jpg
i split the scene at the double dip moment. double fucking dip. the US has become the dairy queen.
dancing with the stars and double fucking dip.
the breads all gone. it,s circus,s and circus,s now.
Mirror, Mirror on the Wall, When is the Next AIG to Fall? | Marc Faber http://www.youtube.com/watch?v=H0sS6a9RW2E
Faber Says U.S. Economy Won’t `Double Dip’ For Now: Dec 9, 2010 Bloomberg Vid http://www.bloomberg.com/video/65138708/
More important:
Marc Faber says and I praphrase here:
U.S. Defecit trillion dollars as far as the eye can see ….
Real U.S. Inflation is between 5%-8% a year. Official figures are BS!
Peekaboo Accounting for dummies explained by cat LOL http://www.youtube.com/watch?v=Ut0xcYmQRNw
Must See: Howard Davidowitz Destroys The Recovery Illusion, Debunks The Consumer Renaissance http://www.bloomberg.com/video/65589812/
@ Youri: Peekaboo accounting: it is all orchestrated!!
http://www.youtube.com/watch?v=J—aiyznGQ
@Frans
Well that’s America’s motto: “If you can’t Make it, Fake it”
So with the economy, moonlanding etc….
Faber be the guy that convinced farang he needed to buy more physical…years ago….THANK YOU FABER!!!
I enjoy Faber’s reports. Nice pony tail.
The inflation adjusted treasuries I was looking at as a low risk retirement fund won’t protect my retirement plan during hyper-inflation since they are tied to six month adjustments in the Consumer Price Index. There will be huge losses in these funds during any hyper-inflationary period. Without including fuel and food from the core index, the CPI is bogus.
“Some users of CPI data use this index because food and energy prices are relatively volatile, and these users want to focus on what they perceive to be the “core” or “underlying” rate of inflation.” http://www.bls.gov/cpi/cpifaq.htm
This is a goofy statement during a hyper-inflationary period.
Gee, what a shocker, 5%? (eye roll)