Walmart Sees Rapid Inflation on the Horizon
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On today’s edition of Coffee and Markets, Brad Jackson is joined by Francis Cianfrocca to discuss the latest jobs numbers, Walmart’s inflation prediction and another NYSE merger bid.
We’re brought to you as always by BigGovernment and Stephen Clouse and Associates. If you’d like to email us, you can do so at coffee[at]newledger.com. We hope you enjoy the show.
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26 Comments
I don't work for WalMart but I am in the Grocery industry , This year you will see
Prices go up by at least 10%….
Get a freezer , Work the ads and BUY IN BULK…..
Don't worry, just print more money, no problem. You can always take out another loan with CITIBANK or Bank of America to pay for lunch.
Rapid Inflation, huh …about time someone is seeing it other than myself. The bread I normally buy has gone up $2.00 in 3 months …yea – over $4.00 for a loaf. Will we hear or see this from the Feds? NO …silly me. They don't include FOOD or ENERGY Costs for the Inflation Index anymore …
Wal Mart is admitting it. Many of us have seen it coming, said it would come as a result of Obamanomics ( and that the Congress under Bush was doing the same thing) and that bailouts and stimulus would lead to this very thing AGAIN.
End the Fed. Experience the pain that happens as a result, and our posterity won't have to experience it AGAIN. We must stop this madness. We do so by restoring the Constitution.
I bet 20% – 25%, easy.
The U.S. Government Wants To Take You Down With It http://www.personalliberty.com/conservative-polit...
"It is impossible to rightly govern a nation without God and the Bible." George Washington
As Mr. Soetoro said, we all have learn to live with a little less than we are used to: less air conditioning, less gasoline, less food, less sovereignty on the world stage, and so on.
Anyone who thinks the current occupant of 1600 Pennsylvania Ave. minds higher food prices and a lower standard of living for most Americans hasn't studied what Mr. Soetoro himself has said. He hates this country, or rather he despises most of its citizenry, and wants to see us suffer for what he sees as our sins against the world.
The problem with Wal Mart is that they're embedded with the Obamas.
I wouldn't rule that out for this year
and by the end of 2012 it will most likely be that much….
Wal-Mart has lower prices because most of its goods come from China. They have contributed to the decline in manufacturing jobs.
8.8 unemployment. What a great improvement!! Right. How many workers were hired in the public sector v. the private sector? The Stimulus really worked out well. (Financed by Borrowing)
The price of gasoline and food are going up. And the FED is printing money and printing money and printing money.
Inflation is on its way. Will it be double digit or single digit inflation? If it is double digit, those on fixed incomes are in serious trouble. I believe it will be worse than that experienced under Jimmy Carter.
An energy shock or draconian regulations from this administration on energy, and this recovery is over.
What does Walmart mean coming? It's already here. I see it in the size of the portions of food we buy. The American cheese is already about 15% smaller. Same price, smaller product, inflation.
Nope, you won't hear about from the feds via the MSM. The feds will say low to no inflation. The parrots will repeat it. Then a few months later there will be a very quiet update that inflation is on the rise.
You should be able to find it, in one paragraph story on page 12 D.
Gee wizz people, it amazes me that no one is willing to look at the real problem with inflation. It's the hidden tax we all pay to the FED so 12 banks and their collective families can continue to steal the real wealth from America. Don't believe me?
Think I'm just another conspiracy nut?
Do a search and find the book "The creature from Jekyll Island". When you find it, follow the links and download the free .pdf in which the author explains the following;
1) How the FED came to be
2) What the FED really is
3) How, with the full help of OUR United States Government, the FED has been stealing the real wealth from Americans
4) Who owns the FED
5) What the FED was supposed to do
6) What the FED really does.
After reading the .pdf you will think, as I do, that every family member involved in the FED should be prosecuted and jailed until they reach room temperature. All their collective wealth should be confiscated, through fines, and returned to "We the People"
If the Europeans wish to be robbed of their wealth by a central bank, that is their choice, but, we the people can do something about it.
IMHO the 2012 elections will be the most important election in our nation's history. We MUST elect a president who has the intestinal fortitude to disband the FED and retrieve the wealth that has been systematically stolen from us. Anyone else is just a waste of time.
Here is a teaser into the book.
1. The Federal Reserve is incapable of accomplishing its stated objectives.
2. It is a cartel operating against the public interest.
3. It's the supreme instrument of usury.
4. It generates our most unfair tax.
5. It encourages war.
6. It destabilizes the economy.
7. It is an instrument of totalitarianism.
Where did they get a billion dollars to give to the treasury? who put that money into the account at the Federal Reserve System? The amazing answer is there is no money in the account at the Federal Reserve System. In fact, technically, there isn't even an account, there is only a checkbook. That's all. That billion dollars springs into being at precisely the instant the officer signs that check and that is called "monetizing the debt," that's the phrase they throw at you. That means they just wrote a check, a big rubber check. If you and I were to do that we would go to jail but they can do it because Congress wants them to do it. In fact, this is the payoff, this is the benefit to the government side of this partnership, this is how the government gets its instant access to any amount of money at any time without having to go to the taxpayer directly and justify it or ask for it. Otherwise, they would have to come to the taxpayer and say we're going to raise your taxes another $3,000 this year and of course if they did that, they would be voted out of office real fast. They like the Mandrake Mechanism because it's a no questions asked source of money. You may have noticed that it's been many years since Congress has even discussed what anything costs, it's not an issue. It doesn't make any difference what the cost is because regardless of the overrun they know they can go down the street to the Federal Reserve and by law the officer has to write that big check and give it to them and they're off and running.
If the above isn't enough to make your blood boil, then you might as well give up, America if finished. Look folks, this isn't a liberal or conservative issue, it involves every single American regardless of your politics. We the people have been collectively scammed since 1913, and I say it's about time we do something about it.
What say you?
Oh, by the way? The last president that tried to take on the FED was Kennedy, and look what happened to him because of it.
It's become increasingly evident for about six months. Specifically apparent at Walmart is the recent clearing of bigger ticket items stacked between main aisles. Walmart's main aisles appear cavernous at times. Back- to-school, halloween, Christmas, Valentines Day and now Easter goods, though still available in quantities, these seasonal sales occupy fewer aisles and significantly less shelf space.
Here come da judge, here come da judge…Inflation.
Any more bright ideas Obama?
Oh, you mean like what we've been hearing month after month from the gov't revisionists thus far, yet still way off the mark in actual truth reporting? Ya …just wondering at what point will the MSM break and report WTF is really going on …how hard on and in their pockets will it take …there is a number?
Rand Paul’s Balanced Budget Plan
http://www.cato-at-liberty.org/rand-pauls-balance...
"It is impossible to rightly govern a nation without God and the Bible." George Washington
I'm not sure, but if Walmart is warning us about massive inflation……………perhaps we should be listening.
I think i hear that "giant sucking sound" again.
Off topic: Gasoline up 100% under Obama
This won't be pretty
Feeling pain at the pump? Gas prices have doubled since Mr. Obama took office. According to the GasBuddy gasoline price tracking web site, the price of a gallon of regular gas was around $1.79 when Mr. Obama took office.
Today the national average is $3.58. The lowest average price in the continental United States is $3.31 in Tulsa Oklahoma, the highest is $4.14 in Santa Barbara, CA. Four-dollar-a-gallon gas has arrived on average throughout California, and a number of other states are headed in that direction.
http://www.washingtontimes.com/blog/watercooler/2...
Gee thanks barry…well he did say under his plan your energy rates would skyrocket….stock up now on food it's already hitting the prices on the shelves. Gas near by me went up $.10 per gallon in the last day and a half…some as low as $3.55 for 100% gas. My daughter says it's $3.62 high end in Jersey.
Well … so did Reagan to an extent. But you're right in that it wasn't very successful.
I think the Walmart message is timely but it seems that Walmart should realize the impacts of their direction.
Squeezing the consumer seems like a very strange way to enforce an immigration policy – ok that was cheeky, but I'm not sure Walmart operates outside of government influences. Not to say that they are operated by the government in any sense but when I see corporate executives taking on roles normally reserved for CIA agents (ala Google) or policing practices (ala Walmart and their DOHS signs) it is obvious that the line is starting to become thin and blurry.
Now add to the mix that the government is talking more and more about outsourcing more and more to non-triditional service companies which are clearly to the strong left — it's a little concerning. Now add to that the government is trying to reduce energy use domestically by a target which is starting to look like 30%. Now add that domestic production of resources is still down. The situation starts to look like American's won't be able to heat/cool or feed them selves — is Obama really trying to import a middle east style revolt?
now now now, you guys really need to stop Fear mongering! Remember, Geithner has promised that the US is pursuing a Strong Dollar Policy.
I really have faith that this educated group of people can solve our problems. I mean, 8/10 of them are Ivy league educated and have a lot of experience working in the Government.
If there's any group of people who have the smarts and means to solve this problem, it's them!
/sarcasm off
I'd suggesst firing the top 100 people at Treasury and replacing them with the top 100 Walmart employees. I'm sure I'd sleep betterr at night.
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