“Ben Bernanke’s mad money printing is making its impact. Analysis of October’s construction spending patterns by the Associated General Contractors of America found ongoing building expenditures running at a $872 billion annual rate. That’s up 9.6 percent in a year – and the highest level of activity in 37 months. Residential efforts ran especially strong: New single-family construction hit its highest mark since November 2008; multifamily construction hit a three-year high; and home improvements ran at a five-year high. This is all a Bernanke manipulated boom—next stop price inflation 2013.”
http://www.economicpolicyjournal.com/2012/12/us-construction-hits-37-month-high.html
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Bill to re-legalize cell phone unlocking passes House, but with caveat
What You Need To Know About The Liberator 3D-Printed Pistol
Washington DC’s first medical marijuana grow sites win approval
In sudden announcement, US to give up control of DNS root zone
NetUSB Driver Flaw Exposes Millions of Routers to Hacking
Obama Drone Attack Deaths versus Syria Chemical Weapon Deaths
FBI, NSA Spied On Prominent Muslim-American Leaders
With Italy's Election, the EU Chasm Grows
Guardian publishes third secret NSA document, on US cyberwar plans
BIS Chief to Crypto Coders: 'Stop Trying to Create Money'
Syrian Christians: 'Why Is America at War with Us?'
One Of These Is Supposed To Be Satirical
Tax Collectors Grow More Aggressive; Payers Caught in the Middle
The Future Of Bitcoin Depends On Startups, Regulations And China
There Will Be No Viking Longboats Cruising the Mississippi