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The Consumer Price Index over the past 12 months has risen at a 1.7 percent annual rate. ORLY? Chris, been to a grocery store or gas station lately?
Federal Reserve is printing $75 billion a month out of thin air and you actually believe we're only going to have 2.5% inflation? Surely your kidding. I guess it helps when the CPI doesn't factor in food prices or energy costs. If only we could do that in our lives.
Gas prices are up 103.79% since Obama took office. Global food prices increased 10% in JULY ALONE. Anyone that buys food for a family can tell you that 1.7% figure is a lie. Get real.
Mauian, I agree with you, sir. Yes, there was a time that TIPS was a good idea. I pushed them my self. But not now. And the Fed is printing up so much money that at this rate, our currency will be worth nothing if this keeps up. So TIPS are not good at even the best view of it. Unless inflation stays at 1.7 percent. I do not know anyone whom believes in that. I do not see any safe harbor anymore anywhere.
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