Inflation the real truth behind the trash talking

This year my 73 year old moth­er, who gets pre­cious lit­tle from Social Secu­ri­ty, was informed in a let­ter that the cost of milk had not actu­al­ly gone up, it was not real­ly over 3 dol­lars a gal­lon it must be her imag­i­na­tion, she was informed that the cost of gas was real­ly not 2.95 per gal­lon that it must be just because she is just not up with the way they add things up.

She was told that canned goods are not real­ly 1.89 for soup, no it must be her imag­i­na­tion.

She received a let­ter from Social Secu­ri­ty that stat­ed that by law, the cost of liv­ing would increase her small check but that this year as in the year before, there would be no cost of liv­ing increase because there is no infla­tion.   There are reports about how they arrived at these amaz­ing fig­ures by doing some real­ly stu­pid math, because every­one knows that every­thing has gone up in some cas­es infla­tion (real infla­tion not the faked num­bers of hope and change) but real infla­tion is around 20 per­cent high­er than last year, every­one that actu­al­ly takes time to put gas into their tanks, knows this too.

Were not that stu­pid, yet, for two years in a row, the old among us have to suf­fer and I would like to under­stand how that can be the hope and change you vot­ed for?

I want to know how starv­ing the old folks will help in any mean­ing­ful way, when they show up in the emer­gency rooms across the USA because of mal­nu­tri­tion and cold, even frost bite cas­es.

Peo­ple this is sick and dis­gust­ing, but it is what you vot­ed for, right?

Imag­ine for a moment, that you are on a fixed income and you can­not afford to buy expen­sive ver­sions of the gro­ceries, that most peo­ple buy, the prob­lem is that for many peo­ple high­er costs of food is an indi­ca­tion of infla­tion.

Infla­tion, you know when prices go up and up and up, well gas is almost 3.00 per gal­lon, that my friends is infla­tion.

When I see these goons talk about how there is no infla­tion I won­der if they can sleep at night know­ing that they are liars.

So how much does it cost real­ly, I mean when you add in the size of the prod­uct or actu­al­ly the reduc­tion in the size of the prod­uct how much mon­ey will it take to buy a
loaf of bread in the new year?

Per­haps more than you think, and less than you imag­ine.

One may won­der why the media includ­ing the much vaunt­ed Fair and Bal­anced, Fox news has not cov­ered this news sto­ry, it makes you won­der about if per­haps they are right and these com­pa­nies are no longer news com­pa­nies per­haps they are real­ly just adver­tis­ing com­pa­nies.

Here is yet anoth­er news item you will not find on Fox news because they appar­ent­ly have dropped the ball yet again, it is about how high infla­tion actu­al­ly is and you know what even Glenn Beck missed this sto­ry, but hey per­haps he will read it here and take up the sto­ry.

Here is the deal, the hid­den costs asso­ci­at­ed with infla­tion is all about what you dont see and it is all about what you no longer are get­ting.

Want to know what that is?

Sim­ple, it is the prod­uct, that you are no longer get­ting.

This is some­thing that has been going on qui­et­ly for three years, the reduc­tion in prod­uct equals infla­tion then they start­ed going up on the prices of these items, so that real­ly increas­es infla­tion.

So the next time some­one tries to tell you that there is no infla­tion, let them know your no dum­my.

For exam­ple, lets take a cup of yogurt, three years ago in 2007 on aver­age a cup of yogurt was 8 oz and the cost was around 40 cents, per cup.

Today you might find a cup of yogurt at 60 cents, ok so lets have a look at this, the first thing you see is that the cost has gone up by 20 cents. How­ev­er what you do not see at least right away is that the cup of yogurt they are sell­ing you is now a 6 oz cup.

That is a reduc­tion in prod­uct, which means that not only are you pay­ing more for the yogurt you get but you are pay­ing for yogurt that you do not get.

See the prob­lem, here, Now I was nev­er real good at math, so I dont know the exact alge­bra to get this right but I am going to say that in this instance it is close to a 40 per­cent increase.

40 per­cent.

So now do you see how this is real­ly bad for the econ­o­my?

What I do not under­stand here is how Fox and Glen Beck missed this sto­ry.

So the idea that there is no infla­tion, is just well it is a lie, it is a false hood.

We have lots of infla­tion, you may not notice it as much but it is just as real as real gets.