The rage thats coming toward these guys will make Rwanda look like a kids birthday party. LBY

To  patp above
Backatcha.
Lauren did an excellent job, and Peter looked lost in hyperinflation - currency collapse space; all hyperbole and rhetoric, and all of it outdated..
I'm starting to feel sorry for the guy.

The reason why Xmas sales are up is because Xmas sale signs are up; everything is half off already. Online spending should be up where cos are offering free shipping and gas prices are around $3.50/gal. Such rosy reports have had to be revised every year now for some time. And as he says, those are just sales figures. You won't see consumer price inflation until people decide to spend the money the Fed's been printing, which will then find a scarcity of goods, because the Fed's policy has been stagnating business. It's always stagflation. We've seen less of it than in the '70s because of the support the 3d world is giving us. Stagflation is also present in the ever shrinking size of about everything. It's possible tho that people fleeing stocks, etc, would bid up Treasuries further. As Hume noted 250 years ago debt holders have to support public credit. But the Japanese owed their debt to themselves; not so us.