While the Fed continues to flood the market by printing more money, they continue to ignore the asset price inflation that runs along with it. In addition. It has been about 8 months since the price of gold has reacted in any way to the flood of printed money. What does this mean? Meanwhile, wages have not keep up with inflation because the cost of housing is not calculated into the rate of inflation. If it was, the minimum wage today would be $50 per hour and people would be able to afford to buy a home.
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