To: Ron in Acreage
Don’t know about you but my anecdotal experience suggests there’s far more inflation in prices than the .8% in the latest report.
8 posted on
11/01/2007 7:23:34 PM PDT by
saganite
To: saganite
Dont know about you but my anecdotal experience suggests theres far more inflation in prices than the .8% in the latest report. You have anecdotal experience of buying a representative basket of things at the beginning of the third quarter and then buying a comparable basket of things again at the end of the third quarter, and noticing a significant price difference?
I'm going to go out on a limb and say: No, you don't.
To: saganite
I save every receipt from everything. If an item I purchased is to be used in my biz, I yellow hilite it or circle the item and the price.
I’ve noted the container sizes have shrunk yet the price remains similar.
I’m putting inflation, based on a market basket of stuff I buy every week at about 15% to 17%in the last 12 months. Obviously, this does not include fuel or housing so anyone can take exception to it.
17 posted on
11/01/2007 7:33:30 PM PDT by
investigateworld
( Abortion stops a beating heart.)
To: saganite
You are correct. The inflation numbers from the government don’t include a lot of things, like food, energy, taxes etc. Things that are absolutely going up more than .8%
27 posted on
11/01/2007 7:42:24 PM PDT by
Ron in Acreage
(Conservative 1st, republican sometime)
To: saganite
Dont know about you but my anecdotal experience suggests theres far more inflation in prices than the .8% in the latest report. I concur.
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