In response to:

Where Is The Inflation?

Joe 145 Wrote: Sep 15, 2012 8:22 AM
The FED has to keep interest rates low. If it does not, all the interst on that debt will explode. And this is on top of everything else. Yes, inflation is comming. It only remains to be seen how bad it will be.

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...