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Inflation Nation

May 16, 2008 RSS Feed Print

This analysis by JPMorgan Chase is really bad news:

Consumer sentiment dropped to a 28-year low in early May, and there is increasing evidence that surging short-term inflation expectations are spilling over to long-term inflation expectations. One-year inflation expectations increased to 5.2 percent from 4.8 percent a month earlier and are now at their highest level since 1982. Five- to 10-year inflation expectations have moved up less dramatically, but, after rising from 3.2 percent to 3.3% percent, they are now at their highest level since 1996.

Tags:: consumers,; inflation

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Rob Tworek of MI 8:40AM June 12, 2008

I have been to the Harmonic Wealth Weekend, watched the movie and have started the book - it is awesome and shows us how to focus on what we want rather than spending all of our time focus on what we don't want (that is often our reality) - so focus on desire not reality - thanks James!

Glen of CA 2:47AM June 04, 2008

Okay – so everyone knows that some pretty scary stuff is happening to our world from war and economic crisis to global warming and climate change. But nobody seems to know how to stop these things from happening. Its like we all want to do better in our day-to-day life and be more responsible, but does it really make a difference?
It does.
I just finished reading James Ray’s new book called Harmonic Wealth and then attended a teleseminar with James about how we can spread Harmonic Wealth around the world. James really hit the nail on the head with this one idea. He talked about PHASE TRANSITION – it’s a scientific term that describes how when a critical mass of something (like a certain number of molecules) is met, then a shift in the entire structure occurs. It’s what they use to describe a liquid turning to gas at a certain temperature and that sort of thing.
James used it to explain how WE CAN CHANGE THE WORLD. Seriously. If it makes sense at a molecular level, than it makes sense on a global scale, too. If enough of us make those changes happen in our own lives (get the Hybrid, recycle, go carbon neutral, vote against war, etc.), at a certain point we will hit critical mass and the change will happen for everyone! You can feel it happening already and I certainly want to be a part of it.
Check out his book at the Harmonic Wealth website: harmonicwealth.com/read

JR Enthusiast of NY 7:12PM May 18, 2008

Inflation Nation

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