Donate Bitcoin

Donate Paypal


PeakOil is You

PeakOil is You

Shadowstats' John Williams: Prepare For The Hyperinflationar

Discussions about the economic and financial ramifications of PEAK OIL

Re: Shadowstats' John Williams: Prepare For The Hyperinflationar

Unread postby Revi » Fri 18 Dec 2009, 20:39:07

I think you are right Patience. 1/2 of one percent means 6% per year, so even the official estimate of inflation means we are starting up again.

It was at over 10% a year or two ago.

I remember thinking that everyone in America got a 10% pay cut and didn't even know it.
Deep in the mud and slime of things, even there, something sings.
User avatar
Revi
Light Sweet Crude
Light Sweet Crude
 
Posts: 7417
Joined: Mon 25 Apr 2005, 03:00:00
Location: Maine

Previous

Return to Economics & Finance

Who is online

Users browsing this forum: No registered users and 1 guest

cron