The inflation charts page has updated inflation data as of July 2017. Inflation is at 7.5 percent, based on revised Federal Reserve data. The rate appears steady. I was expecting the rate to decline so that ‘they’ could trigger another stock market crash, but maybe not. Still, a 7.5 inflation rate means…the value of the U.S. dollar has or will be worth 7.5 percent less than what it would have been worth if Federal Reserve and the U.S. administration had not created more dollars. This is despicable.
We are so far behind. We are so in the dark. The Japan Central Bank is using its power to create money to buy everything, and most recently the shares of all companies. This is possible because all central banks can create money. It’s no different than if a counterfeiter was in your town, printed fake money, and bought every home in town. Then everyone thinks they’re rich because they have all this money. But they soon see the value of the money has plummeted because of the counterfeit money. So they have money, but no value. The counterfeiter, on the other hand, has all the houses. We are so far behind.
Central banking is a religion and the bank ‘governors’ are the priests. I say this because it is a sacrilege to question the central bank’s actions. There is so much pomp and circumstance around every central bank. When, in reality, they are just money counterfeiters. They are ponzi scheme creators. They convince everyone to use their tickets, then they print as many tickets for themselves as they want, until the bank owns everything, and the people are paupers.
We simply have to stop using their money. We can start small. In each town, try to use silver, gold, or any real thing to trade with your neighbors. Stay in the private side of things to avoid corporate income.
The inflation charts page has updated inflation data as of July 2016. Inflation is at 7.2 percent, based on revised Federal Reserve data. Inflation continues to fall, but there is still inflation so we have work to do. Inflation is when Federal Reserve banks, from the “central” bank to all its member banks, created dollars when they make loans.
The good news is that the U.S. inflation rate has fallen to 7.2%, down from a high of 14.4% five years ago. The bad news is that there still is inflation – meaning the Federal Reserve banks continue to create dollars and lend them out to governments, businesses, and so-called homeowners (people who rent money to buy homes). Inflation is when banks create dollars.
The company GoldMoney created a video highlighting the benefits of gold as a means to save one’s earnings. The video states the value of the dollar has declined about 66% over thirty years, while the value of gold has remained about the same. Nevertheless, I wish the video focused on a different food.
The annual inflation rate of U.S. Federal Reserve dollars has fallen to 7.2 percent, a pace not seen since 2009, about seven years ago. Federal Reserve IS slowing the economy. It’s banks are making fewer loans and this means fewer dollars in the system. However, fewer dollars means that all existing dollars will not lose their value as quickly; it will be a 7.2 percent decline in the value of the dollar versus the 15 percent decline seen in 2012. If there’s a 15 percent decline, then everyone must ask for a 15 percent salary increase to maintain their same standard of living, all other things being equal. But a better way to describe this is that by increasing the number of dollars by 7.2 percent, all salaries and savings will be worth 7.2 percent less than what they would have been worth had Federal Reserve banks NOT increased the number of dollars.
The main charts have been updated. The Federal Reserve banking system issued 7.5 percent more dollars during the past 12 months. The annual change had been slowing since 2012, but now has quickened slightly. The lowest recent increase was 7.4 percent, but now has risen to 7.5 percent. See the bottom of the table below. The total dollars is 11.4 trillion, double what it was just seven years ago.
Comparing the quantity of dollars to prices shows an uncanny symmetry. The quantity of dollars goes up, and so do prices. This is not unexpected because when the quantity of anything increases, the value decreases, all other things being equal.
The annual U.S. inflation rate is now 7.5 percent, down from 7.9% last year and 9.5% the year before. FedRes is slowing the economy, so plan accordingly. Plus FedRes just increased the main interest rate, making loans more expensive, which also reduces economic activity.
I also show the instances when the quantity of dollars doubled, since 1985. Whereas FedRes took 14 years to double the quantity of dollars back between 1985 and 1999, the most recent doubling only took seven years.
Since the truth is always the opposite of what’s in the big media, the lower inflation rate means your savings and your salary won’t lose value as fast as prior years. Though the value of your paycheck and your savings will go down 7.5 percent (all other things being equal).
Visit the charts page for supporting charts and tables.