January CPI, Real Retail Sales and Earnings
February 20, 2014
Strongest Signal for a Recession Since September 2007
January Real Retail Sales Activity Plunged by 0.6% for the Month
Unadjusted Monthly January 0.4% CPI Inflation
Squashed to 0.1% by Seasonal Adjustments
January Annual Inflation: 1.6% (CPI-U), 1.7% (CPI-W), 9.2% (ShadowStats)
Is there really recovery?
The solution is simple. Why don't our reps proceed immediately? Take away all monetary creation power from the fed. and reinstitute the authority given to congress by the Constitution. The fed would no longer be needed and our debt (to the fed)would be eliminated as unconstitutional. Banks would be required to maintain 100% reserves and become public utilities again (aka North Dakota Bank). The Treasury would pay off national debt (foreign)by direct issue. (why not , we are "printing money like crazy anyway. Might as well pay off our creditors) The debt runs close to the monetary creation by the fed and banks combined. Ending fractional banking would net out and create no inflation. The bubbles and recessionary cycles would flatten out because massive creation and deflation would not be possible to serve the self interests of the banking cartels. With the debt eliminated there would be no need to pay 400 billion in interest a year. The bankers would not be able to create money from nothing and charge the serfs interest on it. The unbelievable wealth inequalities would be eliminated and our economy would become production driven and not numbers manipulation again.
If you don't think every bit of our system is manipulated by the bank cartels go look at the gold drop this morning. Demand has never been higher.
Look at the graph if earnings were processed the same way they were in 1990 instead of the manipulated numbers creating process used now.
