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neville
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>The Fed Is Confused about What Drives Inflation - Frank Shostak - 
Hi Frank, Thanks for your article.......The fact of the matter is that LIES LIKE EVERYTHING ELSE DRIVES INFLATION , which as it so happens is 'THE' most lied about economic statistic information put out.
Our very good and trusty old friend John Williams has U S INFLATION running at 6% a far cry from what the LYING Fed has to say about it ....
INFLATION for everyone's information is rampant world wide and make NO mistake about that along side that DEBT is growing like a rampant TUMOUR in every single country across the globe

SO WHY ISN'T GOLD RUNNING....BECAUSE THAT TOO IS BEING SUBJUGATED BY LIES


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Beginning of the headline :On October 4 2017, the former governor of the Federal Reserve Daniel Tarullo in a speech at the Brookings think-tank in Washington said Fed policy makers do not have a reliable theory of what drives inflation. According to Tarullo, central bankers should pay less attention to theoretical models and more to actual data. However, how is it possible to make any sense of the data without having a reliable theory?The Importance of TheoryOne purpose of a theory is to enable one to ascertain the defini... Read More
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