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To: rb22982
Um—the last 5 months have been hugely deflationary. Food is higher than a year ago but most other things are down. Housing prices are way down, clothing & electronics are way down, gas is the lowest it’s been in 5 years, commodity prices are down on average around 60%. Stocks are down 40+%, corp bonds are down, assets dropped $10 trillion in value. Car values are down. Almost everything is down.

What about compared to a year ago? Of course they came down in the last five months.

Also, notice now they are adding fuel and energy into the CPI whereas before it was separate.

47 posted on 01/25/2009 8:45:44 AM PST by raybbr (It's going to get a lot worse now that the anchor babies are voting!)
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To: raybbr

Electronics, clothing, housing, cars, gas, commodities are all down from a year ago. IT was NEVER seperate a year ago...the US measures 2 versions of inflation - Core (which excludes food & energy) and total (all). Feel free to go to bls.gov and do the research.


48 posted on 01/25/2009 8:51:20 AM PST by rb22982
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To: raybbr
Also, notice now they are adding fuel and energy into the CPI whereas before it was separate.

Are core and headline two words you keep missing?

52 posted on 01/25/2009 9:50:13 AM PST by Toddsterpatriot (Will the doomers ever buy a calculator?)
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