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Excerpt from: Blank Checks, Inflation, Buyer’s Remorse
View original post here: Portuguese Stew: 10-Year Bond Yield Spikes to 7.84%; Portugal’s President Once Again Pleads for "National Salvation"…
Continue reading here: Portugal Uncorks Bottle of EU Crisis Genie
Follow this link: German Officials Liken EU Banking Power Proposal to "Nazi Enabling Acts"; What Germany Can Expect; What About…
See more here: Gold Jumps Nearly $50 as Market Digests Non-News From Fed; Gold Correction Over?
See the original article here: Luxembourg PM Jean-Claude Juncker to Resign Over Spy Scandal; Obama Should Do the Same
View article: FOMC Minutes and Economic Projections: Dissent in Both Directions; Confused?
The first problem with measuring price inflation is there is no true representative basket of goods and services. Even if there was a representative basket, the basket changes over time and also changes by demographics