In response to:

Where Is The Inflation?

Curtis104 Wrote: Sep 15, 2012 5:19 PM

I have watched gas go up 20cents in the last week and a half! Grocery bill has increased everything has! No inflation yet, my a--! These people need to come down (or be taken down) from their ivory towers to see how the real world lives! Sure, inflation doesn't hurt them when theyr'e making millons being overpaid Federal employees!

Join the Debate!

All comments and users are subject to Townhall's new comments policy.

Read Full Story

Where Is The Inflation?

The Consumer Price Index was released this morning. It was up slightly.

US Consumer Price Index data by YCharts

Some are mystified by the economic results of the expansionary Federal Reserve policy. The Fed is working to try and get inflation started, but it doesn’t come. There is no inflation in the economy yet. The reason, money isn’t turning over. It’s being created by the Fed and it gets stuck into the banking system. Banks aren’t lending because they increased their requirements for lending after the financial crisis, and after the passage of Dodd-Frank. Additionally, because of all the...