2/06/2010

U.S. Department of Commerce - flawed inflation-- Exceptions

You have to love the enginuity of these so called experts ,
in change (increase, or decrease) of price over a stated amount of time, or what they insanely call a minute inflation rate.

"The price index for gross domestic purchases, which measures prices paid by U.S. residents,
increased 2.1 percent in the fourth quarter, compared with an increase of 1.3 percent in the third.
Excluding food and energy prices, the price index for gross domestic purchases increased 1.2 percent in
the fourth quarter, compared with an increase of 0.3 percent in the third
."

If you don't include price increases in the price of oil and food, I guess if people start dying of hunger , you won't disclose those numbers either RIGHT .....

XOXO

RC