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3Q11 Inflation at 11%
Posted by: Ellipsis ()
Date: December 23, 2011 01:33AM

You heard it here first - if your after-tax salary is not going up 11%, your quality of life is going down because of the regime's financial shenanigans.

http://www.shadowstats.com/alternate_data/inflation-charts
Second chart down, this guy computes inflation via pre-1980 means before the BLS started goosing things worse than they are now.

Furthermore, there is the issue of tax. If one's costs are going up 11%, and the income tax burden is at 30%, 11%/(100%-30%)= a 15,7% salary increase % is needed to keep up with the inflation.

This is simply not happening in an time when many are lucky to find work at all, and who is getting 16% raises?!

The implications for this are two-fold: real purchase power is declining. Consumer discretionary would be slaughtered if it was not for credit. That can can only be kicked down the road for so long, so be vigilant. Also, if your investments are not getting 11% after taxes, you are losing real money. Using the 'rule of 72', another 7 years of this nonsense will halve your fortune if you are accepting the princely 1% the rickety banks are offering on deposits; it is that severe...keep it in gold or under the mattress.

I encourage all who read this to be accumulating gold and silver coin (makes it easier to evade tax than futures contracts or ETF shares) and to be doing due diligence on emigrating so as to get out of this dump.

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Re: 3Q11 Inflation at 11%
Posted by: fuck this ()
Date: December 23, 2011 01:33AM

TL;DR

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Re: 3Q11 Inflation at 11%
Posted by: bloody blisters ()
Date: December 23, 2011 01:34AM

...

Attachments:

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Re: 3Q11 Inflation at 11%
Posted by: eesh ()
Date: December 23, 2011 01:36AM

Ellipsis Wrote:
-------------------------------------------------------
> and to be
> doing due diligence on emigrating so as to get out
> of this dump.




Emigrate to where? North Korea? Burma? Uzbekistan?

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Re: 3Q11 Inflation at 11%
Posted by: Ellipsis ()
Date: December 23, 2011 01:39AM

I see your cherry pickig skills are not diminished. However, this reflects a latent aspect of the American Civic Religion wherein the US is portrayed as the 'shining city on the hill', and all other countries are mired in poverty, despotism, &/or everlasting bloodshed and gnashing of teeth.

eesh Wrote:
-------------------------------------------------------
> Ellipsis Wrote:
> --------------------------------------------------
> -----
> > and to be
> > doing due diligence on emigrating so as to get
> out
> > of this dump.
>
>
>
>
> Emigrate to where? North Korea? Burma? Uzbekistan?

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Re: 3Q11 Inflation at 11%
Posted by: eesh ()
Date: December 23, 2011 01:39AM

Okay...............





.....................emigrate to where?

Blessed are the murderous.

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Re: 3Q11 Inflation at 11%
Posted by: Ellipsis ()
Date: December 23, 2011 01:42AM

Conservative picks:
Chile
Uruguay
Costa Rica
Estonia (once they ditch the euro)
Thailand

...but if you are bold, why not shoot for Mongolia?


eesh Wrote:
-------------------------------------------------------
> Okay...............
>
>
>
>
>
> .....................emigrate to where?

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Re: 3Q11 Inflation at 11%
Posted by: eesh ()
Date: December 23, 2011 01:50AM

Ellipsis,


Why don't you move to one of those countries? Take your own advice.

Blessed are the murderous.

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Re: 3Q11 Inflation at 11%
Posted by: Ellipsis ()
Date: December 23, 2011 01:53AM

I'm in touch with two lawyers in Uruguay and one in Chile. The ball is rolling.

eesh Wrote:
-------------------------------------------------------
> Ellipsis,
>
>
> Why don't you move to one of those countries? Take
> your own advice.

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Re: 3Q11 Inflation at 11%
Posted by: Dumb loser ()
Date: December 23, 2011 02:41AM

I thought ellipsis hated spics now you want to move there? U stupid twat

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Re: 3Q11 Inflation at 11%
Posted by: Hay Zeus ()
Date: December 23, 2011 09:12AM

Dumb loser Wrote:
-------------------------------------------------------
> I thought ellipsis hated spics now you want to
> move there? U stupid twat


Most of the wealthy classes in Central/South America are light skinned people of European descent.

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Re: 3Q11 Inflation at 11%
Posted by: been there recently ()
Date: December 23, 2011 09:36AM

I would have to agree. You go to Argentina they are very light skinned, the women are hotties. You try to compare them to the illegals in this area they will kick your teeth out.

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Re: 3Q11 Inflation at 11%
Posted by: Strudel ()
Date: December 23, 2011 09:37AM

Hay Zeus Wrote:
-------------------------------------------------------
> Dumb loser Wrote:
> Most of the wealthy classes in Central/South
> America are light skinned people of European
> descent.

A lot of German blood in them.

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Re: 3Q11 Inflation at 11%
Posted by: it didnt work ()
Date: December 23, 2011 09:40AM

Argentina recently recovered from Obama style socialism with lots of class warfare thrown in. The result was the economy went in the tank. people went on the dole expecting otheres to support them.

They are just now getting away from it and back to a caplitalist society.

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Re: 3Q11 Inflation at 11%
Posted by: RealityCheck ()
Date: December 23, 2011 09:49AM

FUCKING REPUBLICAN CONGRESS!

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Re: 3Q11 Inflation at 11%
Posted by: sounded familiar ()
Date: December 23, 2011 09:52AM

.
Attachments:
obama-carter.jpg

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Re: 3Q11 Inflation at 11%
Posted by: recently there ()
Date: December 23, 2011 09:56AM

Even the president of Argentina is hot. I have been to Chile and it doesnt compare to Argentina. More advanced but Chile is more scenic but corrupt.
The Argentina President is typical of the women I saw while there. As they get older they retain their hotness.
Attachments:
r.jpg

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Re: 3Q11 Inflation at 11%
Posted by: Les ()
Date: December 23, 2011 10:11AM

A lot of the discrepancy is housing which has been excluded or watered down. They used to use the housing price index until 1983. They also started subtracting utility costs from rents as if everyone had it included in their rent. If energy costs are rising, the CPI dampens the housing cost figure. They also don't include property taxes, HOA fees, etc.

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Re: 3Q11 Inflation at 11%
Posted by: but also to be fair ()
Date: December 23, 2011 10:12AM

But there are some good looking American women in politics
Attachments:
ggg.jpg
reno.jpg
Elena-Kagan.jpg

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Re: 3Q11 Inflation at 11%
Posted by: Ellipsis ()
Date: December 23, 2011 11:56AM

but also to be fair Wrote:
-------------------------------------------------------
> But there are some good looking American women in
> politics

They are representative of the overall popultion. I blame the poor diets.

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