General Discussion
In reply to the discussion: by Robert Reich:As if you didn’t already have too much to worry about, Social Security’s funds [View all]Urchin
(248 posts)we don't have inflation, is because of all the goods and services that are made overseas.
But what has happened is that the cost those few goods and services that are provided domestically has skyrocketed: education, healthcare and health insurance, and housing.
All the "printed" money has been funneled into those few things that are made or supplied domestically.
If Asia and Mexico didn't exist, we'd still be making everything here and the shirt you buy in Walmart today for $12 would cost $200.
I think they planned it that way, so they can print all the money they want and pretend it doesn't raise prices (except for those domestic items, which they somehow manage to leave out of their inflation calculations).
Almost everything necessary to life: housing, healthcare, education--are barely affordable for most people. But they can still get cheap electronic gizmos, so they're told it's a wonderful system.
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