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Originally Posted by georgere
I don't get it - everywhere in the world inflation is so low that governments print money to spike it up but BMW shop thinks otherwise. Weird. Maybe it's greed?
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Is that sarcasm? Are you basing "low inflation" on govt CPI indexes that don't account for food, utilities, fuel etc. keeping inflation officially low allows them to not have to raise CoL adjustments for the millions on SS living on a few hundred dollars a month.
The real inflation numbers are like 6% hardly low.
http://www.shadowstats.com" rel="" target="_blank">http://<a href="http://www.shadowsta...wstats.com</a>
If you are unfamiliar with how CPI is calculated, read about how many times the items they use to base it on has changed since the 90's. When something gets too expensive they sub it for something else.
Govt, technically central banks, (ie private inst) print money to bail out and fund otherwise involvement banks and allow for govt to be funding by creating so much liquidity they can m
Buy Tbills each month to keep the yields low. Keeping yields low prevents the 70trillon in derivatives from breaking that are based on higher interest rates.