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To: 1rudeboy

All I know is that my grocery bill has gone way up over the past few years. And even for items that have not gone up, the amount in the bag or box is less. You open the bag and 2/3rds of it is empty. My utility bill has gone up about 10% too. I guess if I ate less and drove less and sat around in the dark, my bills would be lower and I wouldn’t be contributing to inflation.


3 posted on 01/17/2013 10:10:02 AM PST by Opinionated Blowhard ("When the people find they can vote themselves money, that will herald the end of the republic.")
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To: Opinionated Blowhard

The government also takes into account shrinking package sizes when calculating inflation. So if your 36oz. can of coffee shrinks to 34oz., with the price remaining the same, it counts as price inflation.


5 posted on 01/17/2013 10:13:08 AM PST by 1rudeboy
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To: Opinionated Blowhard

“Excluding food and energy, it rose 1.58%”

Of course food and enegy were not included!


7 posted on 01/17/2013 10:15:28 AM PST by marstegreg
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To: Opinionated Blowhard

You are so correct sir.

From the products I regularly use the inflation is in the range of 10-25%. Exactly as you say...reduced size is inflationary also.

My financial guru poo poos it: that its anecdotal and I’m cherry picking but I am not. I can tick of a list of common everyday items that have risen in price by huge amounts....and if a Republican were in the white house, the press would be screming like a pack of wolves.


24 posted on 01/17/2013 10:41:35 AM PST by Adder (No, Mr. Franklin, we could NOT keep it.)
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To: Opinionated Blowhard

bttt


29 posted on 01/17/2013 10:47:25 AM PST by First_Salute (May God save our democratic-republican government, from a government by judiciary.)
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To: Opinionated Blowhard

Agreed. Your experience matches our experience. My little wife constantly reports price increases and shock at same; for example: three New York steaks at COSTCO for about $51.00 just a day or so ago.


34 posted on 01/17/2013 10:57:19 AM PST by AEMILIUS PAULUS (It is a shame that when these people give a riot)
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To: Opinionated Blowhard
The government stats are absolutely bogus. We need an inflation rate “for real people”. One can't eat a computer, even if it is better than it was 5 years ago. Shadowstats does a good job explaining why the government manipulates inflation stats. It started with Johnson. By understating inflation, it increases real GDP growth. I agree that inflation is between 2 and 3% - PER MONTH!
69 posted on 01/17/2013 2:42:01 PM PST by Sam Gamgee (May God have mercy upon my enemies, because I won't. - Patton)
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