When you see the chart below its not hard to see why oil, gold and food prices are going forever higher. $10 trillion expansion (20%) increase in money supply in two years. I wouldn’t mind but I have seen any of it. My wages haven’t increased 20%, have yours? 😉 Funny how the inflation figures don’t reflect this. This begs the question, how accurate are the inflation calculations? Ireland’s Central Statistics Office just changed the way they calculated inflation this week. 

The sad thing is the global economy has gotten worse and not better. Its obviously not just helicopter Ben who is in on the act but also BOE and ECB’s LTRO. Unfortunately we have only one solution currently i.e. CTRL+P.

Source: ZeroHedge

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