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To: chris1
Let's see if you agree with my facts:

I guess we define "facts' differently. All the things you listed are considered when the CPI is calculated. If you don't trust the government's methodology please offer some of your own that other than just your observations.

I would suggest looking at the bond market. The 10-year note is yielding about 4.2%. I'd say that's a solid indication that inflation, at least at this time, is pretty tame. 30-year mortgages can still be found for about 6%. That means that the future expectation for inflation is also low.

54 posted on 09/21/2005 8:02:11 AM PDT by Mase
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To: Mase

I listen to Bob Brinker who clearly explained that rising taxes are not part of the index as well as many other items one would naturally think should be.

I am in the collections business and hear from the ground level from business people that there is indeed a lot of inflation with energy prices that are being either passed through to customers or as red ink on the balance sheet. Its not a good scenario that is playing out since many people are curbing spending to afford higher energy and tax costs.



59 posted on 09/21/2005 8:09:57 AM PDT by chris1 ("Make the other guy die for his country" - George S. Patton, Jr.)
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