ButAsForMe 

Inflation

There Are None So Blind As Those…

April 2, 2011

A new Wall Street record  is expected, more jobs have been created, the recovery is slow but steady…are these signs that the worse is over, or is it mass delusion created by media hype?  Here’s a cautionary warning from Paul Farrell of MarketWatch.  Remember, wealth can buy many things, but it cannot totally insulate! Read the full article [...]

Tagged as: 2nd American Revolution, Case for Taxing the Wealthy, Food Prices, Inflation, MarketWatch, Paul B. Farrel, unemployment, Wealthy In America

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China Belt Tightening May Spell Inflation Ripple

January 17, 2011

Last Friday, China raised its reserve ratio for the 7th time since 2009, and in doing so may create inflation problems for Europe writes MarketWatch’s Stephen Kennedy today.  Plus Euro-zone ministers will meet to discuss raising reserves of its’ rescue fund for possible bailouts of Portugal and Spain while Germany balks. Read the full article [...]

Tagged as: China, china reserve ratio, germany, Inflation, MarketWatch, Portugal, Sovereign solvency, Spain, stephen kennedy

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Snowstorm or Slowdown For After Christmas Sales–Weather or Forecast?

December 27, 2010

Many retailers are hoping that the slowdown of After Christmas Sales is due to the recent bad weather.  However, in areas where the weather is usually risky, this year there’s a noticeable lack of lines for returning gifts and a lot of holiday inventory still on the shelves despite the increased control of inventory by [...]

Tagged as: After Christmas Sales, China, China Tightens Belt, China's Burgeoning Middle Class, consumer confidence, Economy, Inflation, Reformed Liberal, Retail Holiday Sales, Retail Sales Slowdown--Weather or Forecast

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Be Careful What You Wish For…

December 21, 2010

Well, the Republicans got their extension of the Bush-era tax cuts for the upper income with passage of the $858 BillionTax Bill, but they may have got more than they bargained for. With the infusion of The Tea Party and the spending spree by the Democrats, they had temporarily shirked the stigma attached to the [...]

Tagged as: Commentary Butasforme, Federal Reserve, GOP and Bush-era tax cuts, GOP leadership, Inflation, Nassim Taleb, Reformed Liberal, Relationship between big government and large corporations, Tea Party, trickle down theory

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Increased Consumer Confidence or Hype?

November 28, 2010

The mainstream media is reporting that consumer confidence has increased based upon the sales on Black Friday.  However, although sales are up it is rather naive to suggest that this marks an increase in consumer confidence. Thanksgiving was first instituted by Lincoln and finalized as an official holiday by FDR in 1941.  The business community [...]

Tagged as: Black Friday, Black Friday hype, Consumer, consumer confidence, Economy, Foreclosures, Inflation, retailers, Taxes, unemployment

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Increase In Gas Prices May Be Double-Edged Sword

November 18, 2010

As gas approaches $3.00 a gallon, consumers undoubtedly will see prices going up on other goods as well.  However, an increase in gas not only affects budgets, but as reported by Jonathan Chevreau’s review of Jeff Rubin’s bestseller Why Your World is About to Get a Whole Lot Smaller for the Financial Post may cut [...]

Tagged as: $200 barrel by 2012, China, de-globalizatin, Financial Post, Gas Prices, Inflation, Jeff Rubin, Jonathan Chevreau, Soaring Gas Prices and China

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Cash For Clunkers Headache For Consumers Looking For Used Vehicles

September 5, 2010

Not everyone can afford a new car; often to save money consumers look instead for a newer car.  However, Obama’s Cash For Clunkers program to stimulate sales for the Big 3, has robbed many low to middle class consumers of finding a newer car at a reasonable price. Additionally, small auto dealers have had to [...]

Tagged as: Big 3 Auto Makers, Car donations, Cash For Clunkers, Inflation, New Car Prices, New Cars, Supply of Used Cars, Used car dealers

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Wheat and Milk Prices Continue To Rise

August 3, 2010

Just when the U.S. is turning the nutrition corner and wheat bread supersedes the sale of white bread, there’s always a kicker!  Recent hot weather and fires are expected to make yields of wheat and milk lower, and that means consumer prices will increase not only on these products, but others that contain these as [...]

Tagged as: Australia, Consumer Food Prices Rise, Food Inflation, Inflation, Russia, U.S. farmers, Weather Affects Dairy and Wheat Prices, Wheat and Dairy Prices

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Economist Forecasts: Double Dip Or Off The Cliff?

July 2, 2010

Despite the  positive spin President Obama tried to put on the lackluster jobs report today, the economy is still floundering, trying to find a firm footing on the road to recovery.  However, according to Dr. Peter Morici, a professor of economics at the Smith School of Economics, University of Maryland,  the nation is at risk [...]

Tagged as: 2010 and 1829 crash, china yuan, deficit, green energy, health reform, Inflation, oil wells, peter morici, recent jobs report, retail sales, Stimulus Package, summer of recovery, unemployment, white house policies

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Light At The End Of The Tunnel Further Than Obama Knows

May 19, 2010

A second crash is in the works and this time it involves countries not financial institutions, although the financial institutions have set up the next crash by government bailouts and investments.  Reporter, Alistair Barr, for MarketWatch warns of the approach of a second debt storm that is occurring and growing even as we speak.  The [...]

Tagged as: Alistair Barr, Europe Economic Dominoes, German Bailout of Greece, Greece Portugal Spain Italy, Inflation, MarketWatch, Obama and Inflation, Proping Up The Euro, Reformed Liberal, Second Debt Storm, U.S. Debt and GNP, World Governments Pending Economic Crisis

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