Under-rReporting of real inflation

Inflation is already here and will only grow under the massive injections of money into the economy without any increase in productivity.

The only reasons prices have dropped in some instances is because of competition.

BUT the 3rd quarterly reports show a slowing of gross revenue and gross profits.

Still many items have continued to increase in price. With the CORN subsidy for ethanol production
the entire grain price structure has increased; resulting in higher prices for cereal, poultry, livestock meats, milk, cheeses, eggs, breads, and much more.

But the corn subsidy is a sham. Ethanol costs more to produce then the benefit. The only real beneficiaries are the farmers at the expense of all Americans.

The cost for gasoline has doubled in the last four years BUT the price of oil is still around $86 per barrel when the cost for a gallon of gas was under $2.00. That is inflation of cruel type made from corruption and greed at the cost to all Americans.

Home values have dropped but the people who lost their homes are now renting and driving up the cost of rent. Another form of inflation.

Insurance premiums have gone up by about 150% in the last few years. This is like a forced tax on anyone who buys insurance.

While food stamps have gone from 34,000,000 to over 47,000,000 recipients, the raise for 2013 for social security has only gone up by 1.7% This increase is based on a governmental lie in the inflation rate is only 1.7% while the real inflation rate os about 6+%. And the government will not give out the increase in Medicare PArt B until after the election. HMmmmm.  Anyone wonder why??? Do you sense a large increase in this cost because of obamacare???  Another form of inflation.

The value of the dollar has decreased by about 58% in the last four years. This bodes badly for the US Dollar retaining its status as a Reserve Currency. If we lose this status, the cost of everything will increase by about 20% to 35% almost overnight. Now that will be real and damaging inflation.

The only solution is to lower both the annual budget (something not passed by the Senate in almost 4 years) and lower the actual debt. By doing both, we can cut the 'debt service'. This is the interest we pay on the 16 trillion dollar debt and growing that we now have.

When interests rates that are being kept artificially low start to rise, the debt service will start to rise.
As this happens, the US will fid itself with less and less money available to pay the interest. So we will print more money, further de-valuing the US Dollar. THIS IS REAL INFLATION AND IT HURTS ALL OF US.

WE NEED A CONGRESS AND PRESIDENT THAT UNDERSTAND BUSINESS AND THE AFFECTS OF CARRYING TOO MUCH DEBT. AND WE NEED IT NOW.

And that's the way I see it...
Straight Talk with Jay Clifford