http://www.zerohedge.com/news/2017-09-21/household-net-worth-hits-record-962-trillion-there-just-one-catch Household net worth us up!!!!!!!! Who woulda thunk in a stagnant economy. But when money is almost free (to the well connected) it tends to blow bubbles. Problem is with bubbles, they tend to pop. Inflation is a four letter word. It means multiple things and it means nothing. It used to mean an increase in the money supply. Now it is just another construct term to confuse. It means whatever the ones that put the figures together want it to mean. John |