Dollar CRISIS this Winter, CONFISCATION of Gold & Silver: Alasdair MacLeod

Inflation is being hidden expertly by the government as well. Wage stagnation in a poor economy hides service sector inflation, and China hides the rest. Consumer goods aren't much more expensive because it's all imported from China now, and the Chinese government is willing to accept massive exchange losses to keep us buying. Their slave labor doesn't know what its losing, so it's no skin off their back. Fuel prices have doubled in the last 5 years, despite massive gains in supply from domestic sources. Food prices have also doubled, but since so many poor people are getting government handouts, the true cost is disguised. Food and fuel are non-elastic demand items, which is where inflation shows up first. It's also why they get left out of government calculations. At this point, a strong recovery would be damaging in and of itself, because inflation would spike badly as the glut of money in the system starts to move. But seeing as the government has no intention of letting the job market pick up, it will be slow strangulation of QE.

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