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RE: My St. Patrick's Day STEEM Forecast...$10...Oops.

in #zappl8 years ago

I believe inflation is creeping upon us

Yeah, central banks have pretty much run out of options. Quantitative easing is really all they have. What’s next, helicopter money? If they do that, I’m going all-in on crypto and silver.

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Quantitative easing is really all they have. What’s next, helicopter money?

Exactly, And even with all that easing, they havent gotten inflation. We should have seen 3%-5% with the money they threw around.

A slight pullback in the economy and they are going to have to drop the rates rapidly again.

Part of the problem is that they believe their own bogus numbers. The official CPI is almost certainly grossly understated and http://www.shadowstats.com/alternate_data/inflation-charts is probably closer to the truth.

That is true..most of the government's numbers are total farces....

Like the unemployment number...other than charting trends, really doesnt tell much of a story.