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So now the government is telling us that there is no more inflation

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still_one Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-09-06 05:07 PM
Original message
So now the government is telling us that there is no more inflation
The I-bond rate now is 2.41%. That is a drop from 6.75% rate

http://www.publicdebt.treas.gov/com/comi0506.htm

Hell, you can buy 3 month t-bills for 4.75%

This is a lie, and the government is in on the fix

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texastoast Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-09-06 05:11 PM
Response to Original message
1. Screw the bonds
My bread is way up--from 99 cents to $1.19. My Dr. Pepper is up. 99 cents to $1.39.

Inflation is here.
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still_one Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-09-06 05:13 PM
Response to Reply #1
3. I know what reality is, but the government is now trying to
propagate the lie that their is no inflation



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LSparkle Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-09-06 05:12 PM
Response to Original message
2. They aren't entitled to their own FACTS
Inflation is definitely here; they just think they can make it go away by talking up the "great" economy we're "enjoying."
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still_one Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-09-06 05:15 PM
Response to Reply #2
5. I-bonds are inflation protected bonds
For the last 6 months they were running at 6.75%, now they drop to 2.21% because of a drop in inflation

Do they think people are really that stupid?

People know what they pay for things


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SmokingJacket Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-09-06 05:14 PM
Response to Original message
4. Everything is up, except for flyswatters and coloring books and
other cheap Chinese crap.

Medicine, gas, food, housing, insurance are ALL UP!!!
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The_Casual_Observer Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-09-06 05:44 PM
Response to Original message
6. The US government is about as trustworthy as the USSR was.
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Lefty48197 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-09-06 07:49 PM
Response to Original message
7. Gas is up 100% in the last two years.
Health care is up about 20% in the last two years. What were they saying about "low inflation"?
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savemefromdumbya Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-09-06 07:50 PM
Response to Original message
8. the government just prints more money and everything is fine
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