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'[OT] studying economics and it's affects on me p'
I am trying to predict ( ha ha I know economists get paid a lot of
money for this ) what the economy is likely to do and what my best
strategy for surviving is. I live in Denver, CO USAville. I am
planning to move to a rural location. If the US government prints and
spends more money than they collect doesn't this make inflation
inevitable ? Won't prices rise on goods that are not effected by
productivity gains and innovation ? ( real estate for example )
I have started by tracking gold prices.
I also looked at the CPI ( consumer price index )
The CPI does not seem to reflect the reality I know.
The inflations of the 70s seem to be non-represented by the CPI.
Any suggestions for items to track ? Wholesale prices ?
Are there good sites that cover this arena ?
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