Good for the seniors so they get a raise this year. Same with the military retirees who have lost out for two years. You have to look at the bright side of things folks.....lol.
Inflation with a collapsed real estate market? I don’t think so.
Anybody who shops on a regular basis already knows this.
The main cause of inflation right now is still the “do Nothing” “Restrict Supply” approach to energy. Monetary policy is not driving inflation, this is oil based.
This is Bush/Cheney/Haliburton’s fault.
QE2 ends 6/30/11
So I guess that’s doomsday
Gallows comes to mind.
I wonder what construction material can be used to build these structures, such as to be considered Green.
Green Gallows, they will be popular and soon, ready for service in a neighborhood near you.
On excluding nergy being disingenuous, would have to agree - it was $72 to fill up the minivan yesterday. It must perceived by Barry & Co. as some sort of optional luxury item...
Not our glorious Parasitic class
Just wait to when after they spend our money on food there's no money left over to pay for their HBO on their 56" High Def TVs or no money to pay for their fancy rims and sub-woofers for their Cadillac Escalades.
I wouldn't want to be in one of our major cities when that day comes.
I never thought I would look back on the Carter Presidency as the good old days, but I’m beginning to.
As long as both numbers are reported and they are it does not matter that one number has food and energy stripped out. It is done not to fool people but to take out factors which vary rapidly.
The list, ping
Let me know if you would like to be on or off the ping list
Ah yes, America is repeating the Jimmy Carter years....
Ah yes, America is repeating the Jimmy Carter years....
Gotta love our disingenuous politicians. Who but politicians would cut out food and energy from the inflation numbers.
Its both of two worlds.
Currency debasement (inflation) and deflation in debt backed assets (house, cars, US Treasuries)
In case you missed it, there was a thread over the weekend that talked about food inflation at the grocery store.
http://www.freerepublic.com/focus/f-bloggers/2720302/posts?page=47
Can’t tell these people there is no inflation!
last year a pint of milk ran me around a dollar at the local Wal-mart. last week the same pint of milk sold for $ 1.33. That's roughly a 30 cent increase in a year. I buy small amounts of milk because when I buy anything larger than a quart most of it spoils before I use it.
I don't have the ability to check other price increases (actual increases or reduced packaging) but my gut feeling is that other staples have gone up, maybe not as much but they all cost more.
BTW - I didn't get a 30% pay raise last year to cover the increase food costs. My track record for the last decade was a 3 % cost of living increase every year.
Ummm, wasn’t it Clinton who started this game with inflation numbers?