INFLATIONARY CHICKEN: Treasurys Throw the Recovery a Curve - WSJ.com
Somehow, one can't help but read article after article talking about how the cost of basic expenditures are going up - the only real exceptions being computers and house prices (rents are reported going up).
One reads that with the big impact "owner's equivalent rent" has on the calculation of the CPI - where it didn't impact CPI when housing prices were flying through the roof a few years back and now apparently while housing prices are gliding still down - is it reasonable to assume that the public has realized the government is using flawed CPI calculations (could we even hint at political motivation?) and that the inflationary chicken is already out running about? It would sure seem so.
Friday, January 21, 2011
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment