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#1 |
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Is there any inflation happening because of so much money being printed?
I checked online forexs and looked at the prices at Amazon.com, but the exchange rate and online prices do not indicate that any inflation has even taken place. Is something going on here? |
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#2 |
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Data is only available up to the month of March. But, going on the data from March, the answer is no, none at the moment. In fact, there seems to have been a little deflation.
http://stats.bls.gov/news.release/cpi.nr0.htm CPI for All Urban Consumers (CPI-U) The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2 percent in March, before seasonal adjustment, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. The index has decreased 0.4 percent over the last year, the first 12 month decline since August 1955. The exchange rate between the USD and the Euro seems to be stable too. The act was signed into law in Feb of 2009. http://www.oanda.com/convert/fxhisto...L&redirected=1 |
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#3 |
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in my area, gasoline has gone up from 1.65 a gallon( two months ago) to 2.15 a gallon(today)
Most things that had their taxes raised on them have gone up in price. But the things that didnt have a tax hike, have stayed the same or lowered in price. So, it seems the only inflated prices are the ones the government taxed heavily.( so far) |
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#4 |
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Is there any inflation happening because of so much money being printed? not yet, USD can float on borrowed money. as long as debt is brought, they don't need to print money. this was the argument used by the bush administration, it only collapse when China and Japan start collecting their debt, which they won't do because they are having more fun buying up the world. billions of USD is given to chinese companies to fund their takeover operations...
the US government watches on, this is afterall 'investment' into USA, it is 'good' of the economy... obama is more that willing to sacrifice corrupted US company to save the economy. the indian lobby has been screaming in the past weeks due to obama's plans to tax outsourcing, which most of it goes to india. it hurts US company but save jobs; it is pretty much heading toward becoming "sweden". dunno if it is the right decision but i am sure the republican hate it. |
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#5 |
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in my area, gasoline has gone up from 1.65 a gallon( two months ago) to 2.15 a gallon(today) Twelve month chart GB Pound vs US Dollar Twelve month chart WTIC oil price Are you seeing any patterns there? |
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#6 |
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in my area, gasoline has gone up from 1.65 a gallon( two months ago) to 2.15 a gallon(today) |
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#7 |
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Is there any inflation happening because of so much money being printed? As far as looking at Forex to try and look for inflation it's a worthless venture for two reasons. One, the dollar has been strengthening due to it's safe haven quality and two all countries are out to devalue their currencies as much as they possibly can so what you are looking for may not show up there. I'd say in the long run though expect inflation because that is what governments/central banks are desperate to create and the moves in the long end of the bond yields is point that way. |
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