Inflation Propaganda
Inflation Propaganda
This is a great analysis by Peter! Â It’s common sense that you can’t print your way out of problems. Â As painful as it is, hard work and productivity are the keys to wealth.
Let’s look at real inflation in real estate:
5.4% year-over-year gain for home prices has put the FHFA (Federal Housing Finance Agency) House Price Index back at June 2006Â levels!
Oakland California rents have been rising faster than those of any other major city, up 20 percent in a year, followed by Austin at 17%. Other California cities seeing double-digit rent increases in the past year are Sacramento, No. 4 at 15.4 percent, for a one-bedroom unit; San Jose No. 5 at 14.9 percent; and San Francisco, No. 9 at 12.9 percent.
As for the government’s CPI – – – Accountants have a saying that “Figures don’t lie – but liars do figure.”
*Keep in mind, this video was published in January 2013!
The CPI is no longer a tool to accurately measure inflation, but an instrument of propaganda the government uses to hide accelerating inflation from the public and financial markets. Modest CPI increases over the past several years do not reflect an absence of inflation, but a design flaw in the index that fails to fully capture the magnitude of price increases. Central bankers drawing economic conclusions regarding inflation and monetary policy based on this highly flawed data point are making a major policy error.
Note: Prices for the twenty items in our basket rose 44.3% during a ten-year period despite an official rise in the CPI of just 27.5% during the same time frame. But that is using official government numbers to evidence those price increases. However, judging by the inaccuracy of government numbers on other items, such as newspapers and health insurance, the actual rate of increase of the prices of the goods in our basket was likely much higher than what the government claimed! Read more 
San Diego California – Worlds Smart Cities
 San Diego California one of the world’s smartest cities
National Geographic Channel features San Diego as the only U.S. city in its acclaimed documentary series “World’s Smart Cities”. San Diego was chosen for its strong technology sector, local innovators, green practices, smart public planning and an unparalleled quality of life. Other selection factors included San Diego’s size of population, demographics/cultural diversity, livability, economy and business climate, educational institutions, leadership and strong sense of community.
National Geographic Channel’s “World’s Smart Cities: San Diego” documentary is an unprecedented exploration of the 8th largest U.S. city where technology, talent and innovation create a new urban environment – one that will emerge as a leading city in the 21st century. Read more
San Diego Sky Show
San Diego Sky Show
40th Annual KGB Sky Show Qualcomm Stadium
This was the 40th anniversary of the San Diego Sky Show.
This is a mix of multi-media, theatrical lighting, video and special effects fireworks display after the football game between San Diego State University and University of San Diego at Qualcomm Stadium. Also it marked the season opener for the Aztecs. Read more
San Diego Housing Market Forecast
San Diego housing market forecast 2015
The San Diego housing market is strong and still has only a two month homes for sale inventory.
The San Diego Association of Realtors recently reported that 2251 single-family homes sold in July. This amount was actually down approximately 11% from June, but still up 12% from a year ago.
Also, for June, it was reported that attached homes were down 8% in July from June but again the attached home sales were up approximately 14% in July when compared to July 2014. The median home price for July 2015 was reported to be $555,000, up from July 2014! Read more