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Politics : Ask Michael Burke

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To: bill meehan who wrote (67731)9/15/1999 11:42:00 PM
From: Madharry  Read Replies (2) of 132070
 
I have enjoyed your straight forward comments in the past and my wife loved your pasta and gatorade trade-off for gasoline. It is ironic that on the day the CPI was up such a small amount I went to the store to purchase a PIZZA and found that the price had increased from $2.09 to $2.59. I said to the store manager that that must be a mistake because the CPI numbers had just come out and showed there was virtually no inflation- but he refused to adjust the price. Perhaps the market is expressing is own disbelief at these numbers and I wonder if the Fed believes them?
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