Quote:
Originally Posted by parsonsj
I think most reasonable people would go with the BLS on this one.
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You show us your "facts", and tell us that if we don't believe them , that we must be unreasonable..
When food has in some case doubled in the store over the last few years, a reasonable person would understand the facts of reality.
Inflation is the hidden tax, and it is here..Costs are up. The printing and spending cause the dollar to be devalued, so that it takes more dollars to buy a product..
So when you have the printing of money from thin air, the dollar devalues, and along with the costs rising on products(some have doubled), you have higher costs and the devalued dollar.
So a reasonable person would look to what is happening rather than relying on charts. Everyone has a different view, and John, that does not make them unreasonable. That is my point.
Again, I appreciate your posts to give readers the other side of things, but just because we won't buy the data and charts, does not make us unreasonable..Remember that you may be wrong.
And again, I might be wrong, but as I said in previous posts, I Invest according to what you believe, and I don't invest according to what I think is the right way to handle the situation..They will print again.