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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
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To: saganite
Don’t know about you but my anecdotal experience suggests there’s 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.

11 posted on 11/01/2007 7:28:46 PM PDT by Dr. Frank fan
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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.)
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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)
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To: saganite
Don’t know about you but my anecdotal experience suggests there’s far more inflation in prices than the .8% in the latest report.

I concur.

88 posted on 11/02/2007 4:56:41 AM PDT by Puddleglum
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