Sunday, February 28, 2016

I keep looking for this inflation

Consumer are paying higher prices, they say.  OK, this is the index, the actual price average, no seasonal adjustment. We are focused on the 2014 to 2016 time frame, the end of the chart.  

Start with the bottom green line, prices without shelter.  It has not changed in a year.  That is all prices for the urban consumer, minus the Asian home buyers.  Housing makes all inflation, that's called a bubble, shared with the medical inflation bubble!  

All the inflation for the last year came because of communist currency controls and Obamacare!  Otherwise, prices are stable, and we are near potential growth, according to Magic Walrus.  So, if the magicians do not like the answer, then they better get the Commies in China to fix their financial system, and Nancy to fix Obamacare.  

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