Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

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

Posted on 03/16/2011 5:59:34 AM PDT by quesney

click here to read article


Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-8081-82 next last
To: quesney
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.
61 posted on 03/16/2011 8:43:15 AM PDT by JPG (May the WI GOP stay united and strong.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: ClearCase_guy

So if you don’t need to travel to a job or eat, everything’s fine! Don’t worry, be happy! There’s unemployment, and foodstamps, and everything!


62 posted on 03/16/2011 8:48:34 AM PDT by Uncle Miltie (Allah sucks pig teat.)
[ Post Reply | Private Reply | To 2 | View Replies]

To: mmanager
By the time this fool is done with his four years it possibly could take a two term President to turn this around.

When the next guy takes over, I'm sure this is what he will plead in his re-election campaign.

That seems to be the cycle.

63 posted on 03/16/2011 9:16:06 AM PDT by triumphant values (Never criticize that to your right.)
[ Post Reply | Private Reply | To 18 | View Replies]

To: Red Badger
They try to get the inflation figure from things that are more stable and rise and fall slowly so that trends may be deduced...

If we look at gold (yes, I know it's just a commodity, with no magical powers whatsoever) we can see that a dollar today is worth approximately 1.4 cents from a century ago. Do we really need a 'basket of prices' to tell us what one fairly stable commodity tells us?

Yeah, gold bugs are supposed to be crazy, but Occam's Razor supports a pure gold standard in practical inflation indexing. On the other hand, Occam's Razor doesn't keep economists employed full-time by the government, so it must not make any economic sense... :)

64 posted on 03/16/2011 9:16:44 AM PDT by mrreaganaut (If we can send a man to the moon . . . we can waste lots of money based on false analogies.)
[ Post Reply | Private Reply | To 19 | View Replies]

To: quesney

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


65 posted on 03/16/2011 10:07:11 AM PDT by Hoodat (Yet in all these things we are more than conquerors through Him who loved us. - (Rom 8:37))
[ Post Reply | Private Reply | To 1 | View Replies]

To: Neoliberalnot

Spot on, well said!


66 posted on 03/16/2011 10:13:38 AM PDT by EdReform (Oath Keepers - Guardians of the Republic - Honor your oath - Join us: www.oathkeepers.org)
[ Post Reply | Private Reply | To 29 | View Replies]

To: quesney; All
Outside of food and energy costs, the core index ticked up 0.2 percent

A number relevant only to Billionaires, Sheiks and Kings.
67 posted on 03/16/2011 10:29:58 AM PDT by Red in Blue PA (For the first time in my adult life, I'm scared of my government.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: elk
The Quote.

“Any society that would give up a little liberty to gain a little security will deserve neither and lose both.”

Ben Franklin

--

"the government strong enough to give you what you want is strong enough to take it all away."

Barry Goldwater in 1964

68 posted on 03/16/2011 11:33:32 AM PDT by Texas Fossil (Government, even in its best state is but a necessary evil; in its worst state an intolerable one)
[ Post Reply | Private Reply | To 44 | View Replies]

To: for-q-clinton
Looks like Obama really is trying to beat Carter as the worst President in history.

Hell, he had Carter beat for that title before he finished the first year of office!

69 posted on 03/16/2011 11:42:10 AM PDT by Max in Utah (A nation can survive its fools, and even the ambitious. But it cannot survive treason from within.)
[ Post Reply | Private Reply | To 22 | View Replies]

To: UNCLE; Neoliberalnot

“We need laws to prevent people who draw a govt check from voting for more govt checks.”

How about we just end the use of other people’s money. End entitlement programs, and we don’t have to worry about it. Then people can vote, according to the constitutional guidelines set.


70 posted on 03/16/2011 4:04:09 PM PDT by JDW11235 (I think I got it now!)
[ Post Reply | Private Reply | To 56 | View Replies]

To: JDW11235

Yet another reason to thank DIM/LIB moonbats and their leader, nobama.


71 posted on 03/16/2011 5:59:16 PM PDT by hal ogen (1st amendment or reeducation camp?)
[ Post Reply | Private Reply | To 70 | View Replies]

To: mmanager

“We are into a decade of declining growth and increased wealth. This is the perfect storm for all of the baby boomers going into retirement.”

I don’t understand this “perfect storm”. Please explain.


72 posted on 03/16/2011 6:53:56 PM PDT by balls (0 lies like a Muslim (Google "taqiyya"))
[ Post Reply | Private Reply | To 18 | View Replies]

To: Nobel_1
Timmy boy comes out and announced devaluation

Since our currency isn't fixed (meaning the value floats), Timmy doesn't get to announce a new value, higher or lower.

73 posted on 03/16/2011 6:56:21 PM PDT by Toddsterpatriot (Math is hard. Harder if you're stupid.)
[ Post Reply | Private Reply | To 57 | View Replies]

To: MarkL
One of the sneaky things they’ve been doing for some time now is keeping prices the same, or increasing by small increments, but making the package size smaller. That's accounted for in calculating the price indexes. If a 5oz can of tuna costs a dollar, and drops to 4oz but staying a dollar, BLS would record that as a 25% price increase.
74 posted on 03/16/2011 8:46:45 PM PDT by pinqy
[ Post Reply | Private Reply | To 24 | View Replies]

To: mmanager

It is going to take a miracle and the largest tea party effort to unravel the harm done by Soros,the liberal democrats and the puppet Hussein Obama...and we need to start now before it is too late to stop this train wreck!!


75 posted on 03/16/2011 9:20:42 PM PDT by Stayfree (Find out the truth at RewardForObamasBirthCertificate.com!)
[ Post Reply | Private Reply | To 18 | View Replies]

To: ChildOfThe60s

Jif is my favorite and we have about 6 jars in our emergency stash!


76 posted on 03/16/2011 11:03:12 PM PDT by Humidston (For the first time in my adult life I FEAR my government.)
[ Post Reply | Private Reply | To 31 | View Replies]

To: Stayfree

AMEN! Although I fear it’s already too late.


77 posted on 03/16/2011 11:04:50 PM PDT by Humidston (For the first time in my adult life I FEAR my government.)
[ Post Reply | Private Reply | To 75 | View Replies]

To: JDW11235

I like your independent thinking.


78 posted on 03/17/2011 8:10:36 AM PDT by Neoliberalnot ((Read "The Grey Book" for an alternative to corruption in DC))
[ Post Reply | Private Reply | To 70 | View Replies]

To: quesney
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).

79 posted on 03/17/2011 8:19:43 AM PDT by Gaffer
[ Post Reply | Private Reply | To 1 | View Replies]

To: Toddsterpatriot

Re: our currency floats

some of the things that help it “float” one direction or another:

US backing for world currency stuns markets
http://www.telegraph.co.uk/finance/economics/5050407/US-backing-for-world-currency-stuns-markets.html

US Treasury chief Timothy Geithner says America will not engage in dollar devaluation
http://www.telegraph.co.uk/finance/currency/8072427/US-Treasury-chief-Timothy-Geithner-says-America-will-not-engage-in-dollar-devaluation.html


80 posted on 03/17/2011 8:43:46 AM PDT by Nobel_1 (bring on the Patriots!)
[ Post Reply | Private Reply | To 73 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-8081-82 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson