Monday, August 20, 2007

No Inflation if....

...if you don't want a roof over your head and you don't want to eat. I just learned that the CPI, the governments way of calculating inflation does not include the price of housing (up to about 15% a year until now) and the *core* CPI which does not include food or other energy related items. So it makes me wonder if they include 286 computers in the CPI, which I'm sure have negative value by now. Any one want to buy some gold?

On a related note, Danielle has reported that hot dogs at Walmart are up 100% from a buck-fifty to $3.00.

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