Do you think getting cheaper products from China like electronics is making up for all the other rising costs?

Bernanke says there is no inflation, he says that's what the numbers say? Are the numbers accurate. It seems even though things I buy once in a while, like products from China, are not going up, other things I use everyday are going up much faster. Things I use everyday like energy, education, health care, rent, housing prices, food prices, services like financial, fees from banks, etc. Yes, products from China are cheap, but I only buy those things once in a while whereas basic services, things I use everyday are going up at double-digit amounts. My costs overall are going up much faster than the so-called CPI? Do you see it that way on another way?

Do you think getting cheaper products from China like electronics is making up for all the other rising costs?
I see just what you see! China products have always been and will always be complete crap. Use them a few times and they fall apart. The Chinese do not innovate and can only copy or steal technology. On top of that they are just plain cheap....just think of the cardboard and pork fat buns they were selling to their own people in Beijing just last week.





Bernanke and Paulson are full of crap. The Us is printing cash and, with the help of Paulson, putting a damper on gold.





Please look into investing in high dividend commodity stocks like PCU and DHT. They can help you offset the inflation that folks say does not exist (but does). nm
Reply:I agree; inflation is a reality. Bernanke is lying. Things would be much worse if we didn't have cheap Chinese manufactured goods. Chinese products are incorporated into a lot of things that you don't directly see the 'made in China' label on. The real reason these prices are skyrocketing is that corporate execs are paying themselves record salaries. In order to get those salaries while maintaining some value for shareholders, they have to gouge us peasants. The government is not protecting us. Maximum corporate exec salaries should be a function of a company's market cap and/or profits. Corporations are government subsidized entities, and should be controlled as such.





For inflation, we have to blame:





1. The US government


2. Corporate America





#2 is only the spoiled rich kid of #1 that gets a hefty allowance, so we can not expect #2 to do anything that helps the economy overall. The onus is therefore on #1. If the government doesn't step in within the next few years and reign in its coke-addicted, greedy kid, say goodbye to US economic hegemony.





Gold is totally irrelevant to the current US economic issues. Ron Paul, what have you done? Gold is just a piece of metal. It can't bail us out when CEOs are paying themselves $50 million a year and the government just twiddles its proverbial thumbs.

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