[emersonbiggins]

I see the economy is rolling right along...lol

[web]http://news.yahoo.com/s/ap/20051215/ap_on_bi_go_ec_fi/economy;_ylt=AvcHhNjNRa.JrQr6AXy6rlWs0NUE;_ylu=X3oDMTA3b2NibDltBHNlYwM3MTY-[/web]

[Grimnir]

I would actually prefer inflation, what with the college loans and all.

[Shadizar]

I wonder if the drop reflects the huge price cuts being offered to lure holiday shoppers...

-Shadizar

[Pops]

Funny how headlines only mention the core rate when 'volatile energy prices' go up, but those same costs are included when they go down.

Aside from energy and food, prices went up.

And gas is up again this month – certain to not be reported as the headline next month.


Smoke and music to buy gift cards to…


(had to laugh when I noticed the embedded page had my username on it)

[FoxV]

$this->bbcode_second_pass_quote('Pops', 'F')unny how headlines only mention the core rate when 'volatile energy prices' go up, but those same costs are included when they go down.

[emersonbiggins]

It's all in the spin, people. They've got to keep that illusion going, at least through the holidays...

[Eli]

Being a doomer and because I like to wear my black PO arm band everyday there is a way to look at this as a very bad thing.

What this price drop is indicating is not that "wow, consumer prices have really dropped!", it is that if oil and the price of gas goes up in a hurry we are screwed and in hurry too no ky or anything bam!.

This is such a big drop because gas went through the roof then dropped if the price goes back up it gives us a taste of what is to come.

What it shows is just how tied we are to the price of gasoline and how it run this economic engine.

And look out your window right now what do see? the cost of all energy going steadily back up.

That is thing too about PO that really sucks it is not just that oil is not keeping up with supply we have got NG heading south as well.

[GreyZone]

$this->bbcode_second_pass_quote('Pops', 'F')unny how headlines only mention the core rate when 'volatile energy prices' go up, but those same costs are included when they go down.

Aside from energy and food, prices went up.

And gas is up again this month – certain to not be reported as the headline next month.


Smoke and music to buy gift cards to…


(had to laugh when I noticed the embedded page had my username on it)

[khebab]

The CPI includes food and energy prices. Look at the core CPI instead:
$this->bbcode_second_pass_quote('', 'T')he closely watched "core CPI," which excludes often volatile food and energy prices, rose 0.2

[basketballjones]

$this->bbcode_second_pass_quote('Pops', '
')
Aside from energy and food, prices went up.

[Hegel]

Consumer Prices Index with-out energy and food prices? I'm rather surprised with this concept. Is this part of the 2006 HAAP (hedonic accepted accounting practices) or blunt criminal?

What is next? Leaving out all prices and make the damn thing up?

[smiffy]

They do exactly the same thing in the UK, they dont include energy or food cost in CPI and they boast that inflation is in the margin they want it to be, which is around 2%.

Which in reality it is not, it's much higher. It's all a big lie, But the average Joe in the streets thinks money grows on trees (well i suppose Fiat money does really grow on Trees) and understands nothing about economics and reduced buying power.

smiffy

[Doly]

$this->bbcode_second_pass_quote('smiffy', 'B')ut the average Joe in the streets thinks money grows on trees (well i suppose Fiat money does really grow on Trees) and understands nothing about economics and reduced buying power.

[oilluber]

these kinds of low CPI reports are excellent for
luring foreigners to buy US treasury bills.

Also, I do believe them, there is no wage inflation
and no inflation in the gadgets that we get from china.

So why not have CPI consisting of just those 2 items????.

[entropyfails]

$this->bbcode_second_pass_quote('Pops', 'F')unny how headlines only mention the core rate when 'volatile energy prices' go up, but those same costs are included when they go down.