http://finance.yahoo.com/news/US-co...01.html?sec=topStories&pos=main&asset=&ccode=
Consumer prices rose less than expected in May, fresh evidence the recession is keeping inflation in check.
The Labor Department says the consumer price index increased a seasonally adjusted 0.1 percent in May, below analysts' expectations of a 0.3 percent rise.
Excluding volatile food and energy costs, core prices also increased 0.1 percent, matching expectations
Hmmm...So the exclude food and energy, the 2 things we all buy and they what...just see how much cheap chinese goods we are buying now?
Supply & demand. If people are not buying stuff, there is less demand and prices fall which can really screw up numbers when it comes to inflation.
And its funny that whenever they historically want to show us how much inflation has affected us over 10, 20 or 50 years, they always use food products like bread, eggs, milk to show how much prices have risen and then they also talk about gasoline too. So take those two items out of the equation and look...The recession is over! Inflation is in check! We just take out the stuff that shows we are having inflation and now it shows we are not having inflation! Yay!
Consumer prices rose less than expected in May, fresh evidence the recession is keeping inflation in check.
The Labor Department says the consumer price index increased a seasonally adjusted 0.1 percent in May, below analysts' expectations of a 0.3 percent rise.
Excluding volatile food and energy costs, core prices also increased 0.1 percent, matching expectations
Hmmm...So the exclude food and energy, the 2 things we all buy and they what...just see how much cheap chinese goods we are buying now?
Supply & demand. If people are not buying stuff, there is less demand and prices fall which can really screw up numbers when it comes to inflation.
And its funny that whenever they historically want to show us how much inflation has affected us over 10, 20 or 50 years, they always use food products like bread, eggs, milk to show how much prices have risen and then they also talk about gasoline too. So take those two items out of the equation and look...The recession is over! Inflation is in check! We just take out the stuff that shows we are having inflation and now it shows we are not having inflation! Yay!