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The Fed refuses to report M3. The government is buying GM stock. Goldman Sachs is running the treasury. The inflation rate is now reported as CORE - minus energy and food and education. What the hell is going on?

2006-08-02 21:55:58 · 6 answers · asked by wesleyelvis 2 in Business & Finance Investing

6 answers

On the M3 and core inflation front it's simple - the government has a great incentive to understate inflation. Most entitlement programs are indexed to inflation, so if the government is able to understate inflation by a couple of percent, then their payments will effectively decrease in real terms each year going forward.

Some private estimates of inflation are closer to the 9% range, rather than the government-sanctioned rate of one billionth of a percent, or whatever they are claiming now.

By the way, a privately-produced estimate of M3 can be found here:
http://www.nowandfutures.com/key_stats.html

And the same author discusses the CPI here:
http://www.nowandfutures.com/cpi_lie.html

This isn't tinfoil hat wearing conspiracy theorist stuff - it's really here and most people don't have a clue.

2006-08-03 02:08:58 · answer #1 · answered by brunt 4 · 1 0

The M3 is directly related to inflation. If they dont' tell us the M3 we have no idea what infalation is. And of course the big bankers rake in lots of dough. The problem here is constitutionally we have the right to know. The fed reserve isn't owned by the people, it is no more federal than federal express. It is a corp owned by the big bankers in the world, ie rochefellers and our income tax pays the interest on the money we BORROW from them.

2006-08-03 10:18:41 · answer #2 · answered by reallifeanswers 2 · 0 0

Goldman Sachs running the treasury is nothing new. There is a long history of GS leaders serving in government.

2006-08-03 09:09:55 · answer #3 · answered by Ranto 7 · 0 0

Read the leaves in the fx tea cup.

2006-08-03 05:42:12 · answer #4 · answered by berlingoffer 5 · 0 0

Nothin much baby. chill dont worry wats happenin . just worry how u r bein placed

2006-08-03 05:00:57 · answer #5 · answered by hauntingskull 4 · 0 0

the oil barrons are raking in the cash is whats going on!

2006-08-03 04:59:39 · answer #6 · answered by no1special 5 · 0 0

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