To: kearnyirish2
That is how a producer hides inflation to you. The government calculates inflation according to a basket of goods. So a pound of coffee is a pound of coffee, regardless of whether the producer has made the package size 14 ounces.
22 posted on
02/17/2014 4:29:15 PM PST by
1rudeboy
To: 1rudeboy
“That is how a producer hides inflation to you. The government calculates inflation according to a basket of goods. So a pound of coffee is a pound of coffee, regardless of whether the producer has made the package size 14 ounces.”
Sure; I understand. The gubmint has also been low-balling inflation to keep COLA adjustments down for SS recipients and such. Our retirees are going to suffer the same fate as Soviet pensioners...
33 posted on
02/17/2014 4:38:38 PM PST by
kearnyirish2
(Affirmative action is economic war against white males (and therefore white families).)
To: 1rudeboy
I wouldn’t trust government figures period. I can see the inflation personally. Its big and its real.
6.6% unemployment, my ass!
49 posted on
02/17/2014 11:51:10 PM PST by
packrat35
(Pelosi is only on loan to the world from Satan. Hopefully he will soon want his baby killer back)
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson