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The “There’s No Inflation” Checklist

Tyler Durden's picture




 

Submitted by Shane Obata

Presenting the “There’s No Inflation” Checklist


1) Don’t go to school – if you want to learn then turn on CNN.  

2) Don’t pay for medical care – if you get hurt then put on a band-aid and drink more water.

3) Don’t pay for transportation – if you have to get somewhere then teleport.

4) Don’t eat – if you HAVE to then cut your food into small pieces so it lasts longer (cough cough cough #McResources cough).

5) Don’t buy a house – if you have to live somewhere then pitch a tent in your local park.

6) Look at stupid charts such as:

* because CBOs projections are always right (warning: do NOT check the CBO's track record)

7) Ignore charts such as:

8) Stop paying for things, idiot.

 

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Thu, 08/28/2014 - 11:41 | 5153955 lordylord
lordylord's picture

Somewhere a Keynesian is claiming that printing money fights inflation.  Another is claiming that inflation is good.  And yet another is claiming that it's all under control.  And they all love their cushy govt jobs.

Thu, 08/28/2014 - 11:44 | 5153971 SHEEPFUKKER
SHEEPFUKKER's picture

Hyperinflation coming with 2% CPI....sorry in advance if you've seen this before. 

Thu, 08/28/2014 - 11:48 | 5153986 Divided States ...
Divided States of America's picture

another necessity that is not on the list:

Dont take a shit: Unless you have stacks of worthless fiat in your pockets

Thu, 08/28/2014 - 11:54 | 5154011 wallstreetapost...
wallstreetaposteriori's picture

Time to slam  gold to make it look like inflation is subdued!

Thu, 08/28/2014 - 11:57 | 5154024 NotApplicable
NotApplicable's picture

At least the dofus posting the "INFLATION" chart on Twitter was given a nice cup of STFU by fellow tweeters.

Thu, 08/28/2014 - 12:12 | 5154090 Manthong
Manthong's picture

Embrace your inner Keynes.

Go drink yourself sober and bust some windows to help the GDP.

Then go find a Tunisian boy.

Thu, 08/28/2014 - 12:48 | 5154375 Alhazred
Alhazred's picture

Even crazy leftists know that its all about GOOOOOLLLD

http://www.youtube.com/watch?v=l3USff2ITpc

 

And at $19 per ounce for a single ounce to $17 per ounce over for 10+ ounces  i have to agree

http://www.bgasc.com/category/opm-metals-gold-bars

 

GOOOOOLLLLLDDD it makes the world go round!

Thu, 08/28/2014 - 12:10 | 5154088 lasvegaspersona
lasvegaspersona's picture

I think you'll be really surprised by the hyperinflation can sneak up on you....it really isn't just 'a lot of inflation'. It is more 'your paper is no good'.....and that can happen fast. Whether we have time for the wheelbarrows is up for grabs.

Artificially keeping interest rates low can create the illusion of stability but those 4 trillion or so of non Central Bank held treasuries could come on the market pretty fast. 

I want to know when the average holder of those bonds will realize that just because the rate goes from 2.3% to 2% that those bonds may not be a good thing to continue to hold.

You could see your hyperinflation come some morning while you are out bird watching....come home and you are broke with a wallet full of benjamins.

Thu, 08/28/2014 - 12:46 | 5154341 Alhazred
Alhazred's picture

.

Thu, 08/28/2014 - 12:49 | 5154361 Alhazred
Thu, 08/28/2014 - 11:39 | 5153956 john39
john39's picture

welcome to planet usury...

Thu, 08/28/2014 - 11:52 | 5154004 NotApplicable
NotApplicable's picture

Don't worry, record college enrollment will save the day!

Thu, 08/28/2014 - 12:26 | 5154199 LasVegasDave
LasVegasDave's picture

Yes, because acknowledging there is a time value to money is so un-islamic

Thu, 08/28/2014 - 11:40 | 5153961 Big Corked Boots
Big Corked Boots's picture

Well, if you have no money, then there is no apparent inflation.

Thu, 08/28/2014 - 12:51 | 5154392 Alhazred
Alhazred's picture

yep zero times any number is zero

 

besides fool food is free

 

ITS FREE SWIPE YO EBT

ITS FREE

SWIPE YOUR EBT

 

Thu, 08/28/2014 - 11:41 | 5153963 Tsar Pointless
Tsar Pointless's picture

Pitching a tent in a park? Been there, done that, had a great time.

Thu, 08/28/2014 - 11:44 | 5153975 Mr Pink
Mr Pink's picture

Pitching a tent in your local park will likely get you overnight stay in the county hotel. If you have a beer in your tent you might even get a room with a bed

Thu, 08/28/2014 - 14:24 | 5154945 Decolat
Decolat's picture

Contribute. Comply. Otherwise, face ostracism, guilt, shame, and fines.

 

'Murica

Thu, 08/28/2014 - 12:55 | 5154397 Harbanger
Harbanger's picture

Zucchini Park, 2011?

Thu, 08/28/2014 - 11:42 | 5153964 Maplehood
Maplehood's picture

If you get 2% inflation each year (per the CBO) for 15 years gives then you get a total increase of 35%. Looks like "Other Goods and Services" is the only category that plays by the rules.

Thu, 08/28/2014 - 11:51 | 5153991 lordylord
lordylord's picture

Notice that the markets where government is most involved is where most of the inflation is (e.g. education, healthcare, housing).  And people still want more government.  Unbelievable.

Thu, 08/28/2014 - 12:35 | 5154275 KnuckleDragger-X
KnuckleDragger-X's picture

You just start training them young on how to be herded properly....

Thu, 08/28/2014 - 11:42 | 5153967 Grande Tetons
Grande Tetons's picture

Pitching a tent in my pants. Been there done that had a blast. 

Thu, 08/28/2014 - 12:01 | 5154045 spieslikeus
spieslikeus's picture

He said 'blast'......

Thu, 08/28/2014 - 11:47 | 5153988 toner
toner's picture

tent + bicycle= inflation repeller

Thu, 08/28/2014 - 11:58 | 5154028 A Nanny Moose
A Nanny Moose's picture

Government will simply try to tax both.

Thu, 08/28/2014 - 11:50 | 5153998 Keltner Channel Surf
Keltner Channel Surf's picture

Anyone remember the Marathon Bar, candy from the early 70s?  

If it were made now, it'd be only 3.5 millimeters long, at 5 times the price.

Thu, 08/28/2014 - 12:04 | 5154054 doggings
doggings's picture

they still make it,  its called Snickers now and is 1 Euro per (smaller) bar where I live.

it shrunk from 58gms to 48gms about 20% in weight just 6 months ago

http://www.dailymail.co.uk/news/article-2524032/Mars-Snickers-chocolate-...

its not inflation though, theres no evidence for that..  http://red-pill.org/no-evidence-inflation-white-house/ 

Thu, 08/28/2014 - 12:18 | 5154136 Keltner Channel Surf
Keltner Channel Surf's picture

Aha, glad a candy connoisseur could set me straight.  Afraid it would have shrunk to the size of a postage stamp.

Thu, 08/28/2014 - 12:24 | 5154182 Australian Economist
Australian Economist's picture

Guess what? Those bar a few years earlier used to be 65g, and cost half the price.

 

Oh and King Size bars have been banned to fight obesity.

Thu, 08/28/2014 - 13:45 | 5154740 armageddon addahere
armageddon addahere's picture

Big Brother says the chocolate ration will be increased next month.

Thu, 08/28/2014 - 11:50 | 5153999 Frank N. Beans
Frank N. Beans's picture

9.  Look at gold and silver, no inflation.

/sort of sarc

Thu, 08/28/2014 - 11:52 | 5154006 kchrisc
kchrisc's picture

The number one answer on the board for, "“There’s No Inflation? Survey said...Don't think."

An American, not US subject. 

 

In the end the Party would announce that two and two made five, and you would have to believe it. It was inevitable that they should make that claim sooner or later: the logic of their position demanded it. Not merely the validity of experience, but the very existence of external reality was tacitly denied by their philosophy.

Orwell, 1984

Thu, 08/28/2014 - 11:53 | 5154007 Dr. Engali
Dr. Engali's picture

It appears Drudge isn't even pretending that he's not part of the western propaganda machine.

Thu, 08/28/2014 - 11:56 | 5154016 NotApplicable
NotApplicable's picture

Team Red loves propaganda too!

Thu, 08/28/2014 - 12:43 | 5154346 durablefaith
durablefaith's picture

I began to suspect that when incidents of dead chickens on small farms became drudgeworthy...

Quick send in the feds to stop that animal cruelty /sarc

Thu, 08/28/2014 - 11:55 | 5154017 eddiebe
eddiebe's picture

Don't heat your tent, just do a lot of jumping jacks.

Thu, 08/28/2014 - 11:56 | 5154020 toady
toady's picture

1) Don’t go to school – homeschool from old text books that aren't aimed at indoctrination.

2) Don’t pay for medical care – if you get hurt then put on a band-aid and drink more water, AND have a stockpile of medical supplies/drugs for anything beyond the bandaid level. Find a local Dr. Who barters

3) Don’t pay for transportation – if you have to get somewhere then make a big list and only go quarterly.

4) Don’t eat anything you didn't grow or raise yourself.

5) Don’t buy a house in or near a city or other high tax area. Make sure the house has it's own (multiple) water source, enough land to grow crops/raise animals, and is off the beaten path.

Thu, 08/28/2014 - 13:52 | 5154778 armageddon addahere
armageddon addahere's picture

Or take back your power - cure infectious diseases including colds, flu, malaria, ebola etc

https://www.youtube.com/watch?v=xMlXd9hLpcY

Thu, 08/28/2014 - 11:56 | 5154023 studfinder
studfinder's picture

I should donate a few bottles of cheap vodka to the local homeless shelter...win a few points with the man upstairs.   In the past i've donated a box of dirty magazines and a case of petroleum jelly.

Thu, 08/28/2014 - 11:58 | 5154029 Be_Optimistic
Be_Optimistic's picture

Thank gawd apparal is still affordable.

Thu, 08/28/2014 - 13:17 | 5154553 NoDebt
NoDebt's picture

Yeah, but the quality....

Thu, 08/28/2014 - 12:44 | 5154051 Sam Spade
Sam Spade's picture

Politicians are in the business of selling favors in return for votes. Most people are financial illiterates, so they don’t realize they’re getting a worse deal over time. Cheap student loans inflate education costs; home loan programs designed to reduce monthly payments inflate the values of the homes themselves; state income taxes are a tradable chit, enabling politicians to grant tax breaks to large businesses in order to keep them from moving (and consequently claim credit for “saving jobs”). It’s all a racket.

Thu, 08/28/2014 - 12:24 | 5154185 tawdzilla
tawdzilla's picture

Notice how everything the government subsidizes (education, healthcare, housing) creates unsustainably high prices for the people who seek those products/services.  There is no equilibrium or price discovery, because the subsidization has created an artificial demand.  If people had to pay cash for those products/services (or obtain a loan through the private sector), prices would neccessarily come down to affordable levels.  It is the ultimate hypocrisy of our age, government steps in to help the little guy, thereby screwing the little guy.     

Thu, 08/28/2014 - 12:38 | 5154301 Trucker Glock
Trucker Glock's picture

Six years ago, two 24-pound bags of Kingsford briquettes was $14 and change (call it $15) at Sam's Club.  Today, two 20-pound bags is $17.98.  44% price increase (6.27% per year), if I did the math correctly.

Thu, 08/28/2014 - 12:39 | 5154305 Shed Boy
Shed Boy's picture

At least recreation is staying cheap...too bad I can't afford the gas for my boat or truck to pull it. But it sure looks nice sitting in my backyard.

Thu, 08/28/2014 - 13:03 | 5154383 Dadburnitpa
Dadburnitpa's picture

Every time I hear some fucking idiot spouting off that there is no inflation, my head almost explodes.  The list could go on forever.  A few more for you if you think there's no inflation: don't take a pet to the Vet, don't pay property taxes, don't buy seed or fertilizer, don't get your garbage collected, don't mail anything, don't get anything repaired, don't pay to park anywhere, don't buy any machinery, don't consume any public utilities, don't pay for a business license, don't buy any property or flood insurance, don't get a haircut, don't let your kid get involved in anything that has an activity fee... yeah, no inflation, whatever. Fuck 'em.

Thu, 08/28/2014 - 13:17 | 5154559 Dadburnitpa
Dadburnitpa's picture

And FUCK YOU Mr. Yellen, you dried up, whithered old hag of a skank, for down-voting me.  Don't you have anything better to do than monitor ZH?  Bitch.

Thu, 08/28/2014 - 12:50 | 5154389 hairInTheSoup
hairInTheSoup's picture

"2) Don’t pay for medical care – if you get hurt then put on a band-aid and drink more water."

or move to europeto get free health care

 

"1) Don’t go to school – if you want to learn then turn on CNN.  "

when you see evolution of the level of education in usa of children that go to school, how they are brainwashed to believe anything that comes out of cnn; the "don't go to school" seems the right thing to do & the only way to not believe cnn

 

stupid yankees can't see an elephant in a room

Thu, 08/28/2014 - 12:50 | 5154391 Otto Zitte
Otto Zitte's picture

7.1. 'ply fer da wiffer

 

Thu, 08/28/2014 - 12:54 | 5154409 limacon
limacon's picture

"Fart your own air.
Piss your own water.
Shit your own food.
Print your own money.
Dig your own grave.
Hush little baby , your'e on TV now"

Words of a children's playground song

Thu, 08/28/2014 - 13:40 | 5154708 bardot63
bardot63's picture

Very glad I didn't grow up hearing that song.

Thu, 08/28/2014 - 12:58 | 5154446 loregnum
loregnum's picture

I always have to chuckle whenever I see the media or government trying to push the "there is no or very little inflation" propaganda because it should be easy for ANYONE who actually functions in this society and spends money on life needs to realize inflation is much higher than the propaganda crap. 

So do the sheeple trust what their actual life experience is or do they just go by what the media and "leaders" say? Pretty pathetic there are apparently people out thee who ignore reality they deal with on a daily basis as their evidence and instead go by what people tell them. Anyone who is that dumb deserves to be killed because if you actually believe what you are told rather than what your actual life experience is then you are not fit to keep wasting the resources of those who have a clue.

 

 

Thu, 08/28/2014 - 13:11 | 5154516 vyeung
vyeung's picture

The Fed Cabal basically wants you to drop dead! Scam Scam Scam and if you believe it, your a farking moron.

Thu, 08/28/2014 - 13:23 | 5154598 UndergroundPost
UndergroundPost's picture

We just had a few days of Monsoon rain in the dry, dusty Arizona desert and my backyard is full of green shoots! I'm pretty sure that if I just let these shoots grow, I'll have a backyard full of beautiful, fruitful and economically rewarding trees - maybe some orange, apple and pear trees, or maybe even some vegetables & herbs will sprout up. Dammit, I might even get a few oaks or tall timber pines from these little green shooters, so I can add a new wing to my house, build a boat or maybe even there will be enough wood to start a new homes construction biz. Thank you Bernanke and Yeller for teaching me about green shoots! Its good to be rich! Wait, hold on. My 4 year old son is saying something. Can't quite understand him since I'm drunk with green shoots punch. "They're what?" I have to yell at him because the little sucker is insistent that I look a little closer at all these 'lil shooters. He's saying they're all weeds. I don't believe him. Yes its true that we don't have oaks and timber in the desert - but things are a changin' aren't they with all that global climate change warming stuff. Maybe there really is a forest popping up in my back yard! WHO THE HELL ARE YOU TO TELL ME THAT MY DREAM PLANTS DON'T GROW IN THE DESERT? Nevertheless, even if they are only weeds as my 4 year old figured out, I'm sure I can get rich off those too - after all, they are green shoots...and green shoots equal real recovery, then growth, then not-so-excessive exuberance, then bank-silly riches. Where is that little shit anyway - time for him to shut up and take a nap.

Thu, 08/28/2014 - 16:01 | 5155438 Livermore Legend
Livermore Legend's picture

Absolutely Right on Inflation......

Wrong on Result by Most however.......

This is explained Simply and as one of my Great Professors taught me (Henry Hazlitt) Succintly in One Page ("Zugzwang") here:

http://www.talentseekscapital.com/uploads/3/2/6/9/3269986/zugzwang.pdf

Thus there will be No Hyperinflation, and we are in the Endgame right now.

The "Inflate of Die" Mantra is Pure Nonsense.........

Understand this, and many things make sense, including, but Not Limited to the "Buybacks"......

There is No more Wealth to Extract to the 1%.......

 

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