Walk a Kb or Two in my Moccasins- Nobody 'splained it to me like that!

Simple answers to Complex Questions and Complex Answers to Simple Questions. In real life, I'm a Greater-Toronto (Canada) Realtor with RE/MAX Hallmark Realty Ltd, Brokerage. I first joined RE/MAX in 1983 and was first Registered to Trade in Real Estate in Ontario in 1974. Formerly known as "Two-Finger Ramblings of a Forensic Acuitant turned Community Synthesizer"

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- Realtor (2nd or 3rd best you'll likely run into)
- Philosopher King of Real Estate Business in Ontario (self-assessed)
- Likes Public Policy & Governance Discussions
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Thursday, July 12, 2012

FMOC - ...more action ...if ...inflation seemed likely to fall “persistently” below their goal

Excerpt from Bloomberg
By Joshua Zumbrun and Craig Torres - Jul 12, 2012 12:00 AM ET

A few members of the Federal Open Market Committee said the Fed should ease policy to move the economy toward its targets for full employment and stable prices, according to minutes of the June 19-20 meeting released yesterday in Washington. Several others said more action could be warranted if growth slows, risks intensified or inflation seemed likely to fall “persistently” below their goal.

whole article

My comment -

What? I thought keeping inflation 'low' was one of the objectives sought - esp in last two rounds of "breaking the back of inflation 1980-1982 & 1989-1995"

Now, inflation is our friend?

Is not a "little bit of inflation" ...  like "a little bit pregnant"?

Beware the central bankers and their lackies (gov't borrowers w biggest indebtedness)
See Martin Armstrong - various commentaries on his blog - www. ...... .org
here's just one ---start on page 16 -- Barclays Bank backgrounder
 Banking Manipulations -a systemic problem

Await the change in official inflation policy "while the situation seems contained, we expect to prevent further deterioation in 'the rate of GDP growth' by relaxing our target of inflation from a range of 1-3% to a range between 2-4%

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