The notion that inflation is under control in the US is just a little nuts...
Besides, what "kind" of inflation are we talking about...surely not HOUSING PRICES!
Or, HEALTH CARE. Or, INSURANCE PREMIUMS. Or, OIL, GAS AND ENERGY. Or, MONEY SUPPLY. Or, FOOD PRICES. Or, STOCK PRICES.
tHE ONLY kind of inflation that is under control...IS MANUFACTURED GOODS..FROM CHINA!
THAT'S IT...FOLKS... Every type of asset has been been in BUBBLE MODE for at least three years... And alas, that includes BOND PRICES...there is a Bond Bubble the size of Texas in the US economy. And it's caused mainly by the massive Greenspan money machine paradoxically...
GREENSPAN HAS PRINTED SO MUCH MONEY THAT PEOPLE DON'T KNOW WHAT TO DO WITH IT...SO THEY BUY BONDS!! NOW THAT'S ECONOMICS JAPANESE STYLE...
Hmmmm....And just maybe the Bond Bubble is the "reason" people "think" inflation is under control? When it really isn't! Wouldn't that be an interesting bit of oriental thinking...?
ARE BONDS GIVING A FALSE SIGNAL THAT INFLATION IS UNDER CONTROL...? Think about it.
