According to the US government’s methods though, there is no inflation because instead of beef or bread, consumers will switch to cheaper dog-food or tree bark. Thus, their food budget remains the same. No inflation!
cheaper dog-food or tree bark
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How would you like that sir? Sauteed, brioled, fried or tartare?
LOL...this is the North Korean School of Economics, which our Communists are instituting in the reign of Chairman Obama.
Ding, Ding, Ding. You the winnah!