US Resumes Importing Inflation, Exporting Deflation, As Annual Import Prices Increase Highest Since August 2008

Tyler Durden's picture

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John Law Lives's picture

Here is another nugget:

Moody's slashes economic growth outlook for 2H2011 and 2012

Tyler Durden's picture

That's not Moody's. That's Mark Zandi. If there is anything that can convince us US GDP is set to surge, it is Mark Zandi saying GDP will stall.

SheepDog-One's picture

Our GDP is now basically all money printing activity, so a surge in GDP then means we're about to embark on vast new money printing?

Then buy gold funded by shorting Eurobonds.

slewie the pi-rat's picture

or, just buy gold with your "money" and don't worry about the long or short of it;  this is american gdp and FRNs getting printed, amigo, don't be too smart by half

your analysis is correct, i wld think;  just take the money, and buy the coins, maybe even a little silver.  some "junk" US silver coins might come in handy...someday...

John Law Lives's picture


Moody's Analytics, sister company to credit-ratings company Moody's Investors Service, slashes Economic Growth Outlook for 2H2011 and 2012.

John Law Lives's picture


Moody's Analytics, sister company to credit-ratings company Moody’s Investors Service, slashes Economic Growth Outlook for 2H2011 and 2012:

IQ 145's picture selling $500 face value bags of walking liberty half dollars; 90% silver; at a 4% premium. I always find this remarkable; the fact that they aren't all bought by now. This is a particularly beautiful coin, very "serious" looking and very easy for people to identify and accept as silver money. kind of off topic; but not really, ehh?

SheepDog-One's picture

'Floor hugging noise'...LOL awesome.

I kept receipts from last summer to show we have had 30% inflation at least- last summer 50 lb of cracked feed corn cost me $8, this July $13.

Rock on, bankrupt negative growth america....oh and dont worry about those 25% unemployed, Im pretty sure we just keep printing more money to feed, house, and clothe them and their families forever.

youngman's picture

And nobody...nobody...will cut them off....not a Democrat..nor a Republican..nor and independant.....but the outside market forces will.....

SheepDog-One's picture

Yep, and the Republi-Indi-Crats string pullers will soon apply the outside market forces, just like WW2.

speculator's picture

Hmm, remember what happened with the dollar and the general price level after August 2008? In a global crash and recession...

The dollar index is no lower now than in 2008, despite three years of hyperinflation and dollar-crash hysteria. The real dollar crash happened from 2000 - 2008, while nobody but Ron Paul and other old-school gold bugs were watching. 

tmosley's picture

lol, prepare to be surprised.

SheepDog-One's picture

The dollar may have been a bit better in 2000 than now, yet an overall crash since 1913 of 98%. I guess we'll really feel the pinch when the dollar is soon worth 1/8th of 1 cent compared to a 1913 dollar.

Cdad's picture

Nothing angers me more than this, Dog.  NOTHING!  That these criminal syndicate Wall Street bankers are green-lighted to sell my currency into oblivion so as to enhance the earnings of their international equity holdings...RAGE!

If the sheeple ever really came to understand this, there would be true and violent revolution in America.  Unfortunately, this is one area where the sheeple have no reference or context.  I don't believe that ALL Americans are morons, but I don't think folk get this central bank, preferred broker dealer bank driven crime wave.

One day they will...after it is too late, of course.  And by then, the Lear jet exodus will have begun.

SheepDog-One's picture

Planned destruction! Frog in a pot syndrome keeps everyone calm while theyre boiling to death. 5% monthly drops in the 401K are reasoned away as 'Well, I guess it could be worse, and the Clownhorn tells me its getting Ben seems like such a nice man, he's looking out for me'. Man I want to be well away from all population centers when this pops one day!

Manthong's picture

"Financial Repression" is baked into the cake and provides government debt maintenance and perceived control in exchange for the destruction of the middle class.

The problem is that they think they can control it, and to a point they can.. but the “point” that they lose the handle is coming soon and few understand what that means.


Flakmeister's picture

The proper financial term is "Slow, lingering, death"

buzzsaw99's picture

...while nobody but Ron Paul and other old-school gold bugs were watching.


nobody? egregious trolling in a school zone -2

SheepDog-One's picture

I was certainly watching. Those were the salad days though, and you were considered 'insane' if you were warning certain trouble was coming.

SheepDog-One's picture

Well theyve ramped futures a bit on this 'floor hugging noise', not quite green yet from -150 but still a half hour till open. Go robots go!

Koffieshop's picture

So this is the world slowly but surely rejecting Dollars. Those Dollars are comming home from international trade service.

Am I right?

chinaboy's picture

This data appears to be consistent with China's latest statistics.

The same pattern also happens to China, but started much earlier. If you look at import of crude, iron ore, corn, etc,  price rosed much faster.

All this is to say is that inflation ignited with QE(n) looped back at the U.S..


Mike2756's picture

The Fed is really boxed in now, they have to let the dollar rise.

SheepDog-One's picture

Let the dollar rise while delivering the QE3 $trillions?

Cdad's picture

The Fed is really boxed in now, they have to let the dollar rise.

Correct.  It is highly likely that we are poised for an equity sell off due to a miracle pop in the US that it can be printed into oblivion once again.  Until such time as that Dixie rises, I see no further monitization, such as we saw in QE2.

Other tricks up old Ben's sleeve...maybe...but not a blatant monitization here until that dollar rises.  And if I am wrong about this, and I have been wrong many times...then things will get much worse and much faster than the Street is currently positioned for...which will also result in an equity selloff.  

SheepDog-One's picture

Still waiting for any market fear and panic to drive the sheeple to bleat for QE3...or are QE $trillions now just a regular semi-annual part of normal US economic policy to be delivered without any debate, or apparent need?

youngman's picture

Wow ..industrial production was way up..double expectations...and utilization was way up.....have to dig into those numbers...

carlexi's picture

What is the source of this information and the official name of this index?

Thank you.

carlexi's picture

Does this number in the charts above measure overall inflation or just inflation on imports?

What is the overall inflation in the US right now?  (Not the government propoganda that excludes food and fuel) but the real overall US inflation?  What is a free market index that shows a more honest view of inflation?