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To: rb22982; cake_crumb
Current inflation is 4.5%, not 1.5% according to CPI. Surely you think we should include other items besides food and shelter? Most definitely. I was not the one that asserted that inflation is currently 1.5%, that was cake_crumb. The CPI numbers have been cooked since the early 1990s. That is how energy prices have gone through the roof the last few years but CPI has barely budged.
206 posted on 01/22/2008 8:26:31 AM PST by JeffAtlanta
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To: JeffAtlanta

I asserted no such thing. You’re getting me confused with someone else.


225 posted on 01/22/2008 9:03:58 AM PST by cake_crumb (Being a preacher DOES NOT exempt you from being a liar and a crook)
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To: JeffAtlanta; cake_crumb

CPI #s haven’t been really cooked unless energy cost are like 20%-30% of your budget and food is another 20% (It’s 8% and 5% for me respectively). CPI has gone up close to 3% every year for the last few years and “core” cpi without food/energy is about 2%. Besides if you used the old CPI #s, the 90s would have shown significant deflation as food & energy prices dropped significantly from 1990 to 2000 and we’d be basically just catching up. If you live in a huge city that saw housing prices soar, you probably think inflation is a lot worse than it really is. Most of the country did not see double digit increases every year for the last 10 years.


278 posted on 01/22/2008 2:52:34 PM PST by rb22982
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