Inflation - "I Don't See No Inflation!"

Art Laffer, Laffer curve of the author, notes that the Fed increased the monetary base by almost 1 trillion U.S. dollars since September 2008. The monetary base consists of currency in circulation, bank reserves held at the members of the Fed, and vault cash. To increase the monetary base was the largest increase in fifteen years, a factor of ten. No matter, we are not gonna have no inflation!

In 1947, during the boom after World War II, the median family income is $ 3,300, the house cost $ 6,600 and the cost of gasoline $ 0.13 per gallon. Twenty years of Keynesian economics, Fed inflation, the government increased the annual income mixes to $ 7,933, the average home cost $ 14.250 and gasoline cost $ 0.33 per gallon in 1967.

the United States went to Gold Standard, and had to inflate the money to pay for the war in Vietnam. By 1987, median family income has been inflated to $ 30,970, the average house cost $ 92,000 and a gallon of gas cost $ 0.89.

In 2007, median household income doubled to $ 60,200, gasoline cost $ 3.25 per gallon, a new house cost $ 212,000 for many families, achieving a "median" family income needed two incomes.

In the above example, we just went back in 1947. I have laid before the Federal Reserve in the U.S. dollar has lost 98% of it's value in the past one hundred years. In 1908, gold was $ 20 per ounce. Inflation, I see no inflation! I'll keep looking though, and brings you information to help you avoid the holes ready to wreck your portfolio.

What will the dollar be worth in 2027, you can bet less than today. I have called stores of crude oil this year. What will be the decade of trade? Shop for the next 20 years? Look to the past, which is an increase in value faster than inflation? Real Estate is good, but the property taxes and insurance hurt returns as an investment, and it will get worse.

We are looking to invest in growing our assets faster than inflation depreciating them. You should do to protect your portfolio from short-term losses and Fiat of our government.

I was reading about the development of the Arctic for oil and gas exploration. You May Remember, a few months ago, the Russians planted a flag on the ocean floor to the 'hard' Arctic.

are ongoing border disputes between the United States, Canada, Russia, Iceland, Denmark, and Greenland. The craziest part of all U.S. environmental laws and consideration of Aboriginal people and polar bears, it May be better if another country is developing natural resources in the Arctic! That's what regulators have done to America, they are hamstrung any progress, so we can be competitive with other economies

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World oil consumption is down 2.9% this year, according to the International Energy Agency. IEA estimates world oil consumption to 83.3 million barrels per day. China reports its crude oil imports were at 14-month high in May, 5% increase compared to April.