-------- Original Message --------
Subject: | Something For Inflationists to Chew On |
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Date: | Tue, 22 Mar 2011 08:45:13 -0700 |
From: | Jas Jain |
Something For Inflationists to Chew On
As per CNBC survey, the expectations of the future wages (change in the wages) have gone down from +1.2% four years ago to –1.2%. In America, wages are the biggest contributors to long-term inflation (short-term energy and food inflation notwithstanding). Another thing to chew on is that Guru Buffett is very worried about inflation despite his businesses not being able to raise prices! When it comes to the economy and housing Buffett is a genuine born-and-bred American dope (American dopes talk confidently about things that they don't know and that knowledge is based on life-long doping). This dope has been making very bullish comments on the US housing for a year now and the housing prices are hitting new lows every day. I will post a graph before the next case-Schiller index comes out next week. The guy doesn't know when to shut up. Fade Buffett!
Jas
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