Well, you've got people saying "it'll settle down if you don't panic, don't participate in the frenzy", but you'd have to convince damn near every single person to buy into that for it to work. Get it while you can afford it, folks, or don't have it when you need it.
The "inflation rate" (CPI) is even more of a game than the unemployment numbers. The things they don't include vs the things they do, make it impossible to tell what the real inflation rate is anymore. The typical consumer is left standing there dumbfounded, wondering where all the money went, after all, they're still making as much and haven't changed anything.
You want to know the unemployment rate, read U6. It's published and readily available, but U3 is what comes across in the news. Once your unemployment benefit runs out, you fall off U3 and move to U6. U6 has been rising the last 4 years while U3 has remained fairly constant. Hmm...
The "inflation rate" (CPI) is even more of a game than the unemployment numbers. The things they don't include vs the things they do, make it impossible to tell what the real inflation rate is anymore. The typical consumer is left standing there dumbfounded, wondering where all the money went, after all, they're still making as much and haven't changed anything.
You want to know the unemployment rate, read U6. It's published and readily available, but U3 is what comes across in the news. Once your unemployment benefit runs out, you fall off U3 and move to U6. U6 has been rising the last 4 years while U3 has remained fairly constant. Hmm...