Houseflation
Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
Worldwide Inflation
What the vast majority of dumbkopfs fail to understand is that even if inflation is already dead (it isn’t), the swollen prices are still with us! Just yesterday, I went to Whole Foods to get a couple pounds of beef for a stew I was making. I made a point of getting the beef which was on sale. The price? Over $50! So, yeah, Mister Prezident, the schtick about low prices is yet another lie.
Don’t Be Sick. Watch Tee-Vee.
Noflation
Happy Wednesday, everyone. We just got our latest economic data, and it is very bull-friendly: ice cold (zero, in fact) PPI data and better-than-expected retail data.
In spite of this, equity futures are down about half a percent or so, whereas gold and silver continue to absolutely barnstorm the planet, each of them at (as usual) new lifetime highs.
(more…)Slightly Soft, Very Hot
The CPI came in this morning, and instead of the expected 0.3% monthly increase, it was 0.2%.
