[quesney]

The eventual consequence of printing dollars with abandon.

[NonValueAdded]

Let them eat iPads.

[Toddsterpatriot]

The Labor Department says the Producer Price Index rose a seasonally adjusted 1.6 percent in February, double the 0.8 percent rise in the previous month. Outside of food and energy costs, the core index ticked up 0.2 percent, less than January’s 0.5 percent rise.

Damn it! They're hiding the rise in prices by releasing one number including food and energy and then releasing the core index and telling us core excludes food and energy. Telling us in the same sentence. The fiends!

[Toddsterpatriot]

Wholesale prices rise 1.6 pct. Biggest jump in food costs in 36 years (Dollar devaluation)

Devaluation is a reduction in the value of a currency with respect to those goods, services or other monetary units with which that currency can be exchanged.

In common modern usage, it specifically implies an official lowering of the value of a country's currency within a fixed exchange rate system, by which the monetary authority formally sets a new fixed rate with respect to a foreign reference currency. In contrast, depreciation is used for the unofficial decrease in the exchange rate in a floating exchange rate system. The opposite of devaluation is called revaluation.

Depreciation and devaluation are sometimes incorrectly used interchangeably, but they always refer to values in terms of other currencies. Inflation, on the other hand, refers to the value of the currency in goods and services (related to its purchasing power).

[Perdogg]

It also has to do to crop damage.

[JPG]

As long as Barry has his golf, basketball, ice cream, waffles, wagyu beef, arugula, lobster, champagne and a fully fueled AF1 at the ready, he'll always be a worry free and happy camper.

[Hoodat]

What’s up with the price of arugula these days?

[Red in Blue PA]

Outside of food and energy costs, the core index ticked up 0.2 percent

A number relevant only to Billionaires, Sheiks and Kings.

[Gaffer]

This government is desperately attempting to hold the seams together on a catastrophic economic and financial disaster. They print money like Charmin prints toilet paper. They sell T Bills probably weekly now when they only used to do it every year or semi annually. When no one buys the damned CDs, they print up some phoney money and buy the T-Bills themselves....use one plastic card to pay off another (sound familiar?).

...meanwhile, Obama is so indebted to unions, no-good entitlement leeches, socialists, Muslims and every useless sect of the world, he's adamantly insisting on vastly increased payments, expenditures and implementation costs that are overexpended in one month (i.e., February this year) as much as the entire year in 2007.

Hold tight, because when this shitbag bursts, it is gonna get real messy! Obama doesn't care; it is his plan. Besides, he's gonna be somewhere exotic (again) on a well-deserved 10th vacation this year......(e.g., in Rio this weekend while Japan is struggling for its life).