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To: Tell It Right

Beef, butter, cars, housing


5 posted on 06/12/2024 5:53:04 AM PDT by lurk (u)
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To: All

It is probably a mistake to try to make political points out of prices being above 4 yrs ago. Deflation is largely unheard of throughout modern history, regardless of party in power.

As for this number today, it will get more hype than is deserved. The 0 month to month number was just under .05 that would have rounded to the expected 0.1%. So undeserved hype, room for revision, and oil is nearly back up to $80.


7 posted on 06/12/2024 6:13:26 AM PDT by Owen (.)
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