Wow!  It's only a matter of time now.  Take a look at the increase in M0 since Obama took office.  If you want a good link to graph out the various Economic statistics use this link...

http://research.stlouisfed.org/fred2/categories/24

M0 is the monetary base (i.e. the amount of money the federal reserve is pumping into the economy).  The increase is due to the deficit and flawed monetary policy.

Now graph M1 (i.e. M0 plus the amount of money people have in demand accounts such as checking accounts etc.).

Then graph the excess reserves held by the banks.  The fed is pumping out cash at unheard of levels and the government is borrowing and spending like a drunk sailor.  The banks are hoarding the cash and building up reserves of cash WAAAYYYYYY in excess to the required reserve ratios.  When this cash hits the economy finally it will come as a flood and inflation is going to skyrocket.

Notice too how the fed has not only been buying up treasuries pumping money into the economy, but they have also been buying up other securities which circumvent the public securities.  Yet inflation isn't kicking in yet due to the low velocity of the currency through the economy (consumer stagnation).  In other words monetary base is increasing at an insane pace (7 fold increase) but the velocity has dropped by more than that keeping the money supply down.  So the inflation hasn't materialized....YET.

When the banks finally start lending, inflation will skyrocket and the pain will be inconceivable.  The poor and the middle class are going to suffer unbearably.  They are going to steal everything as a result of the failed economic policies of the democratic socialists.

The reserve graphs are downright alarming, yet zero lending.

I must agree with LibDave as we are living in a dream world. I have been discussing this with my financial advisor and he is dumbfounded on why inflation is not running away. That being said, I do believe we are experiencing inflation, but it is just not being reported. Look at gas prices and where they were five years ago, then there are medical costs. Also, I do much of our grocery shopping and I am seeing significant increases in food prices. When the dam breaks it is going to be a real flood.

Quote from: supsalemgr on October 28, 2013, 04:39:47 AM
I must agree with LibDave as we are living in a dream world. I have been discussing this with my financial advisor and he is dumbfounded on why inflation is not running away. That being said, I do believe we are experiencing inflation, but it is just not being reported. Look at gas prices and where they were five years ago, then there are medical costs. Also, I do much of our grocery shopping and I am seeing significant increases in food prices. When the dam breaks it is going to be a real flood.

Yep, and so is every other expert in the field.
It's so obvious that what is happening is the Fed is artificially keeping inflation down, all the while devaluing the worth of the dollar by printing and borrowing.
Once QE-3 ends, all Hell will break loose, almost as if this is all being done on purpose, knowing whoever takes office in 2016 (Cruz/Palin)   will have to deal with the issue, and will most likely be blamed by the left, those too stupid to know what is currently shaping up to be earth shattering will wander around in a daze.

Quote from: supsalemgr on October 28, 2013, 04:39:47 AM
I must agree with LibDave as we are living in a dream world. I have been discussing this with my financial advisor and he is dumbfounded on why inflation is not running away. That being said, I do believe we are experiencing inflation, but it is just not being reported. Look at gas prices and where they were five years ago, then there are medical costs. Also, I do much of our grocery shopping and I am seeing significant increases in food prices. When the dam breaks it is going to be a real flood.

1.  Yes, we are experiencing inflation.  Food and fuel (the two most unavoidable expenses in most people's budgets) were taken off the government's official inflation index during the Clinton administration.  If you put them back in, America's per-capita GDP has shrunk significantly since Obama took office.

2.  All of the above is irrelevant.  What we're talking about here is what will happen when the Fed's Ponzi scheme inevitably bottoms out.  This will cause America to undergo something called HYPER-inflation.  And all of the "negative stagflation" (or whatever you want to call it) we're undergoing right now will seem like an opium dream in comparison to the new reality of free-fall financial collapse.

lol, this sounds like a million gallons trying to get through a 1/2 inch pipe, or a million watts trying to get through a 110v wire.

Since most of us are older, I have a template that I'm certainly going to try and time correctly -

Get all of the assets away from standard stocks and bonds instruments, get a lot into hard assets like real estate or metals.

Try to do a self-directed IRA to keep the physical holding of your assets at home, not in some warehouse 2000 miles away.

Though I do wonder, would the stock market surf along on the inflation curve  ?

Lastly, have a plan to give everything away to family, so they get the benefit when it's useful, and you die with nothing to be taxed.  Be ward of the state for the last few years, lol.

AndyJackson while all of your advice is great strategic financial advice, I think it indicates you fail to appreciate the full meaning and weight of this.  You are suggesting a means of situating yourself in good stead or a more advantageous position.  What good does it do to purchase real estate whose ownership is documented by a system no longer in place.  Real Estate will be owned not because you hold some deed on record in a non-existent tax office, but because you are able to secure it's ownership in a chaotic world devoid of such a system where the needy will confiscate ANY real property backed by the face of death.

Reminds me of the ancient citizens of Pompeii deciding to purchase barbecues and hot dogs in preparation for the pyroclastic flow.

Quote from: supsalemgr on October 28, 2013, 04:39:47 AM
I must agree with LibDave as we are living in a dream world. I have been discussing this with my financial advisor and he is dumbfounded on why inflation is not running away. That being said, I do believe we are experiencing inflation, but it is just not being reported. Look at gas prices and where they were five years ago, then there are medical costs. Also, I do much of our grocery shopping and I am seeing significant increases in food prices. When the dam breaks it is going to be a real flood.

I think everyone has inflation FEARS in the back of their brains.  How much of it is PEOPLE SIMPLY AREN'T SPENDING?  There is no dearth of goods and services (though I understand there ARE 'waiting lists' for $4000 designer accessories and for certain YACHT manufacturers).  Raise the price of a vegetable, you do without or switch to a cheaper one.  You raise the price of meat, you stop eating it or buy chicken (and watch for sales).   You buy cheaper clothes.  You get an extra year or 2 out of the car.  You defer maintenance on the roof or don't paint the house.  (Our yard guys took a serious hit on their 'residential' accounts).  I gotta presume that is a chunk of why inflation isn't through the roof.  GAS you gotta buy!  But as soon as it gets near that $4.00 mark, amazing how many 'non-work' trips we find we can combine. 

(But I was a psych major, so whatta' I know from 'economics'??)

Quote from: kopema on October 28, 2013, 04:37:13 PM
1.  Yes, we are experiencing inflation.  Food and fuel (the two most unavoidable expenses in most people's budgets) were taken off the government's official inflation index during the Clinton administration.  If you put them back in, America's per-capita GDP has shrunk significantly since Obama took office.2.  All of the above is irrelevant.  What we're talking about here is what will happen when the Fed's Ponzi scheme inevitably bottoms out.  This will cause America to undergo something called HYPER-inflation.  And all of the "negative stagflation" (or whatever you want to call it) we're undergoing right now will seem like an opium dream in comparison to the new reality of free-fall financial collapse.
-

Skipped over that 8 years of Bush, I see.  (Don't feel bad--it happens all the time!)  The crash years of 2007 and 2008 (while OBAMA and HILLARY were still on the campaign trail and a later when OBAMA and MCCAIN got called in BY Bush off the campaign trail for 'the' EMERGENCY MEETING in SEP to let them know that the  and OURS, an possibly the worlds markets, were about to nosedive) AND when my income went into the tank, my HOUSE VALUE CRASHED, as did my 401K--all the cheapest gas or food in the world (and it wasn't) wouldn't have made up a scintilla of my losses.  But nice try!

Quote from: cpicturetaker12 on November 25, 2013, 05:10:22 PM

Quote from: kopema on October 28, 2013, 04:37:13 PM
1.  Yes, we are experiencing inflation.  Food and fuel (the two most unavoidable expenses in most people's budgets) were taken off the government's official inflation index during the Clinton administration.  If you put them back in, America's per-capita GDP has shrunk significantly since Obama took office.2.  All of the above is irrelevant.  What we're talking about here is what will happen when the Fed's Ponzi scheme inevitably bottoms out.  This will cause America to undergo something called HYPER-inflation.  And all of the "negative stagflation" (or whatever you want to call it) we're undergoing right now will seem like an opium dream in comparison to the new reality of free-fall financial collapse.
-

Skipped over that 8 years of Bush, I see.  (Don't feel bad--it happens all the time!)  The crash years of 2007 and 2008 (while OBAMA and HILLARY were still on the campaign trail and a later when OBAMA and MCCAIN got called in BY Bush off the campaign trail for 'the' EMERGENCY MEETING in SEP to let them know that the  and OURS, an possibly the worlds markets, were about to nosedive) AND when my income went into the tank, my HOUSE VALUE CRASHED, as did my 401K--all the cheapest gas or food in the world (and it wasn't) wouldn't have made up a scintilla of my losses.  But nice try!

You're not very good with the quote thing, are you? 

The housing bubble that exploded late in 2008 (I had just closed on my house  ) was set into motion by the Community Reinvestment Act, which passed the Democrat-controlled House and the Democrat-controlled Senate in October 1977, and was signed into law by that legendary peanut farmer, James Earl Carter, Jr., and was later strengthened and accelerated during the Clinton administration.

When Democrats own the entire sandbox, this is what we get, every time. Kinda like KenyaCare, eh?

Ours nosedived in 07 and in 08.  (I think FLORIDA might have been the 'canary in the mine' on this one).  We were getting stories about HOMELESS families around the state in 07 as well as a precipitous increase in 'food stamps' and TOURISM taking a hit and and and and...

Quote from: cpicturetaker12 on November 25, 2013, 05:39:35 PM
Ours nosedived in 07 and in 08.  (I think FLORIDA might have been the 'canary in the mine' on this one).  We were getting stories about HOMELESS families around the state in 07 as well as a precipitous increase in 'food stamps' and TOURISM taking a hit and and and and...

I can dig it. My wife had friends in the Ft. Lauderdale area who had mortgaged shit properties -- shacks -- for hundreds of thousands of dollars, then rolled that money into more shacks. When the fit hit the shan, they didn't end up homeless, but there was a mighty long line at the bankruptcy courthouse.

All in the name of helping the poor and disadvantaged. Big Brother strikes again. 

Quote from: TboneAgain on November 25, 2013, 05:30:58 PM
The housing bubble that exploded late in 2008 (I had just closed on my house  ) was set into motion by the Community Reinvestment Act, which passed the Democrat-controlled House and the Democrat-controlled Senate in October 1977, and was signed into law by that legendary peanut farmer, James Earl Carter, Jr., and was later strengthened and accelerated during the Clinton administration.  When Democrats own the entire sandbox, this is what we get, every time. Kinda like KenyaCare, eh?

If liberals were capable of comprehending the concept of separation of powers, they wouldn't be liberals.  "Bush should have, like, youknow, retroactively vetoed that... or something."

If an incredibly stupid liberal idea finally happens to implode while a Republican is in office, that's because it's an evil "imperial Presidency.   

If the same thing continues to go on indefinitely while an ultra-liberal Democrat is in office, then it's essentially the work of a God-Emperor.  Nothing he actually DOES can be questioned.