Inflation Goes Public

The stock and bond market bubbles, followed by the real estate bubble, are effects of monetary inflation flowing into financial assets. But consumer price inflation has been low or non-existent, right? Many of us think that inflation has been in the 7-10% range for some years now, but has been hidden by government manipulation of the inflation measure. See for example:

·         Puplava Financial Inflation

·         Jim Rogers Interview

·         CPI Ignores Housing

·         CPI Manipulations to Hide Inflation

·         Using the Consumer Price Index to Rob Americans Blind

·         Postal Increases as a Proxy for Inflation

·         Economist Parody

Evidence of rising prices is now leaking into the indexes, in spite of the efforts to manipulate them. Awareness of inflation now hitting the mainstream. This week has seen a spate of inflation stories in the media:

·         Bloomberg

·         Trying to Duck Inflation's Punch

·         Newest Export Out of China: Inflation Fears

·         Inflation Stages Return as Economy Strengthens

·         Fed Urged to Shift Stance on Deflation

·         Bejing Battles Inflation

·         Specter of Inflation Reappears in the US

Robert Blumen

Robert Blumen is an independent software developer based in San Francisco, California