Real inflation remember he removed all they had donek adjustments now so we never actually see inflation in the fischel numbers but wealth richter at wall street dot com i think has figured out that where youre starting to see it and that is whats behind the sub prime Consumer Loan implosion these are the good times but why are subprime credit cards auto loans and short term installment loans blowing out ok weve got a situation in sub prime Consumer Loans the delinquency rate on credit card loan balances at the nearly 5000. 00 smaller commercial banks in the United States this means all banks except for the largest 100. 00 is blowing out according to Federal Reserve data and the 3rd quarter the delinquency rate at these banks rose to 6. 25 percent thats even higher than during the peak of the financial crisis so the delinquency rate has more than doubled in just the past 2. Years. Means 30 days or longer overdue your payments are. The largest banks have delinquency rate of 2. 58 percen
Politics and geopolitics so he now openly says what was always the truth for example that were there for their oil we werent there to help the women and children of iraq were there to take their oil and that is the truth and that has always been the truth he has revealed this truth he has also revealed that in fact our trade policies since nafta since especially the china rising into the debbie sheo has been a bad deal for the majority of workers in the United States that has been revealed now one of the things that has been going on since this financial crisis and back in 2009 in 10 remember we had many debates here on kaiser report about whether there was going to be inflation or deflation and a lot of people like peter schiff predicted hyperinflation because there would be so much money printing they cant print 14. 00 trillion dollars and have no inflation well shadowstats that John Williams runs was always the one that measured real inflation remember he removed all they had donek
By their imax kaiser this is the kaiser report you know one of those mysteries when the bailouts came in 2008 oh theres a lot of money printing going on people said well wheres the inflation the government says theres no inflation you know and then a lot of people say well actually health care and education are skyrocketing in value you dont count and thats why youre misreading inflation and this has been going on for years new evidence suggests. We found it we found the missing inflation stacie right that is because 2019 has been a year that all that was hidden is being revealed trump is the great revealer in politics and geopolitics so he now openly says what was always the truth for example that were there for their oil we werent there to help the women and children of iraq were there to take their oil and that is the truth and that has always been the truth he has revealed this truth he has also revealed that in fact our trade policies since nafta since especially the china rising
The international. Either imax guys or this is the kaiser report you know one of those mysteries when the bailouts came in 2008 oh theres a lot of money printing going on people said well wheres the inflation the government says theres no inflation you know and then a lot of people say well actually health care and education are skyrocketing in value you dont count and thats why youre misreading inflation and this has been going on for years new evidence suggests. We found it we found the missing inflation stacie right that is because 2019 has been a year that all that was hidden is being revealed trump is the great revealer in politics and geopolitics so he now openly says what was always the truth for example that were there for their oil we werent there to help the women and children of iraq were there to take their oil and that is the truth and that has always been the truth he has revealed this truth he has also revealed that in fact our trade policies since nafta since especially
Sector. And as we cover here one explanation is greed and that these you know they used auto dealers are just pushing loans on people just to get that 20 percent you know Interest Payment for a month or 2. 00 knowing that persons going to go bankrupt so the missing inflation number has been discovered right because as you point out he donek adjustments hid the inflation and when the government reports the Inflation Numbers if something is rising in price a lot they cut it they dont report if they dont put it in the basket of c. P. I. Dont put in the basket of the inflation index that they use to report on Inflation Health Care was getting too expensive so they removed it however americans are now borrowing lots of money for that skyrocketing Price Health Care and we see that now in the defaults on their subprime credit rate and sub prime auto because you need a car. To get to work you need a car to get to the hospital and these are things that are not included in the basket so now the