Why no reporting on inflation?

I went to the grocery store the other day and I could not believe the prices there. Almost 4 bucks for a gallon of milk. A 24 pack of Pepsi almost 7 dollars. Whats going on here? Has anyone else noticed this or is this just a problem in my area?

Don

Prices for groceries, especially dairy products, are shooting up. The reason this isn't being reported, other than the obvious fact that the media whores keep perpetrating Shrub's lies, is that the inflatiion index doesn't count food and gasoline, as these commodities are 'volitile'.

The Consumer Price Index (CPI) does (or at least did) include Food and Energy prices.

Food and Energy costs are significant in most family budgets. Do they now mask the effects of inflation by using a new index that excludes these costs?

Or, did the Bushites change the method of computation of the CPI? I know they've changed the method for computing the wind-chill index and now use a 30-year moving average for temperature averages for each day.

Presumably those two changes mask the effects of the dangers for outdoor workers in the winter and the effects of Global Warming, respectively.

for computing wind-chill factor. . . Has this been an official change? Are they also computing heat stress differently?

The dairy farmers are getting translates to another dollar or two per gallon of milk and the increased fuel costs for delivering groceries to the stores isn't newsworthy.

Besides, the left-wing media shouldn't bring Dimbo's poll numbers down any further.

I read an article a few weeks ago. One of the factors in the rising cost of fuel is the low value of the dollar. OPEC still selling oil using the dollar is losing value relative to the Euro. The low interest rates that Greenspan has kept in place for bushco benefit is also affecting the return on value for OPEC. Their only option has been to raise the cost per barrel.

Obviously as fuel prices go up it will have a ripple effect throughout the economy.

same thing is going on.

No matter what the repugs say or Greenspan isn't saying you can not fight a war, have social spending and CUT TAXES like bushco has done.

LBJ did not cut taxes during Vietnam but he had a 'guns and butter' policy. There wasn't enough money to do both. Inflation was the result because the govt printed money to pay for both. That inflation raged all through the 70's and 80's.

bushco is just compounding the problem by cutting taxes at the same time. Inflation is unavoidable.

show of hands?

my guess is not many here at all.

The reason for inflation is MONETARY policy...the FED...injecting billions in new paper dollars into the system...backed by nothing. Just run the printing presses night and day, sending out little green rectangles to increase "liquidity". Devalue our currency and we can't do a damn thing about it. These morons must be stopped...and I've come to the conclusion that a sound money system is the only way to go...Unfortunately 99.999999% of people on the left are hardcore Keynesians and don't want to do this because they fear it will hurt the welfare state. I'm sorry, but it MUST be done..otherwise, prices will continue to skyrocket hitting everyone with these invisible taxes.

Kerry.

I doubt * will remain president. And if he does retain the role, he'll eventually cross the line that might just wake up this country's citizens and get them to *GASP* ask questions.

In which case the terror alert will become Red...

Beer's $9 per 12-pack these days.

Milk is $4, or $4.20 for the hormone-free gallon.

It's a problem throughout the country.

And if it's true that any society is supposedly 3 meals away from anarchy, we're one meal closer to anarchy. If * hadn't heard that proverb, he ought to soon. On the other hand, our populace is so indolent and fearful, the worst of the worst could happen and they still wouldn't speak up or ask questions. x( x( x(

problem - and what a great job Greenspan and Bush have done in holding short term interest rates down (as the 10 year now at 4.75 is at 6%!)

It is good to have the media on your side.

Besides the first 4 months of 04 annualized is only 4.4% inflation!!!!


:-)

:-)

gas & groceriies are up 20% this year in Portland OR, Oh shit, I forgot, We're a blue state.

Milk = $4
Reg unleaded = 2.29 9/10
New county stopgap tax nicked us for $200
Power up
Gas up
Phone up
Thank god I signed a lease.

But I have noticed prices up dramatically on some products. Apples about a dollar per for some brands. Lettuce is more expensive. Just about everything....