The standard poor s/case shiller home price index
Inflation Abounds
the federal reserve is now in broad daylight 1 of their two day meeting. the statement we perplex tomorrow, and the minutes we will conclude from next month are meet to be intriguing. why? the longstanding official myth that inflation is plain, and contained is starting to be recognized for the fraud that it is. examples thrive: the times of london: food-price inflation has already pushed up a typical family’s weekly shopping jaws by 15 per cent in a year (era of cheap food ends as prices surge). notwithstanding here in the us, the bls has food prices up only 4.5% year over year (that’s with the dollar down ~2% vs. the pound) the price of rice has increased dramatically in new weeks due to crop failure overseas and resulting hoarding rice has doubled in price in six months. (bay tract shoppers asked to limit rice purchases) during the first week of aprilleisure fares from traditional carriers on 280 major routes rose 13 percent from the previous year…we’ve got an sedulousness that’s in illness,” said vaughn cordle, chief kingpin and chief analyst at airlineforecasts in washington. “if lubricate prices stay anywhere near $100, $120 for the year … we’ll have a Brobdingnagian…
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May 31st, 2008 at 5:27 am
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