Crazy Train: Rents Skyrocket While Core Inflation Remains Nonexistent (Fed Can’t Generate Inflation)

admin Alternative Media, Fiscal Policies, Real Estate

All aboard the central bank crazy train!
The Consumer Price Index (CPI) fell 0.2% in September. The Fed continues to fail to generate ‘inflation.’
But the real crazy train is housing where rents are skyrocketing at 3.09% YoY, the Case-Shiller 20 home price index is rising at 4.96% YoY, while CORE CPI YoY is only rising at 1.3% YoY.

This post was published at David Stockmans Contra Corner by Anthony B. Sanders ‘ October 15, 2015.

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