[Dr. Frank fan]

You can believe your .8% figure until the day you die

For the zillionth time, I don't "believe" it, I simply await an actual counterargument to it!

but the FACT is the price of everything is related to the price of fuel and oil is almost $100 a barrel

Okay, that's a FACT. Nevertheless, the government statisticians have calculated a thing called "inflation", they say that it was 0.8% in 2007Q3, and you think they are wrong, but you have no argument or facts whatsoever to array against them. That is where we remain after over 100 posts of people telling fascinating anecdotes about how their beloved Shreddies are now $8.

[mylife]

All I can tell you is that in real terms my dollar is not worth as much as it was in 2006. Not by a long shot

[dan1123]

>> Nevertheless, the government statisticians have calculated a thing called “inflation”, they say that it was 0.8% in 2007Q3, and you think they are wrong, but you have no argument or facts whatsoever to array against them. <<

I’m curious. What would you consider facts against government statistics on inflation? If many people complain how food, housing, and energy prices all have gone up, and it is taken out of government statistics because those are “volatile” and no one else takes the effort to do a massive comparative consumer price survey, then do you just trust the government because they supposedly have the best data?