There ain't a bread basket of goods, all there is is 2 months in the year.
So every thing can go crazy except those 2 months. They put a handle on them.
That's why the 0 COLA increase.
Reduced demand for goods, an oversupply of goods with sharply dropping prices,
soft employment demand, an over-supply of money...does anyone else see a perfect
storm of massive deflation? This is a classic Econ 101 scenario. The government
has already reported factory orders have declined for the last three months. And as the rain pours down, The Fed stands on the dike with the
floodgates wide open. Old Sleepy Janie Yellen needs to raise interest rates now!
6 years of malaise isn't enough to wake up The Fed. Maybe a huge
deflation-caused recession will be? Worst...monetary policy...ever.
What a bunch of propaganda nonsense. Have we forgotten that food and fuel are
not part of the CPI (Consumer Price Index)? There was no hesitation to explain
this when the cost of fuel was going up and the government was telling us that
inflation was still low. Low fuel prices will eventually lower inflation, but
not because we can fill our cars cheaper. It will decline because trucks,
trains, ships and airplanes will be able to haul us and our stuff cheaper,
perhaps sometime in the future.
@ordinaryfolksMaybe this is a good time to remind you that oil
prices are plunging because of shale oil development via fracking, something
that Obama has done everything he can to stop. Low inflation and increased
disposable income are happening in spite of Obama, not because of him.