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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: X Y Zebra who wrote (24738)10/22/2004 11:13:35 PM
From: Mike JohnstonRead Replies (2) of 306849
 
(the fact that CPI understates inflation is not a question of if but how much)
Ah! Do I hear evil government manipulation? -gg I admit that not all of those militia's statements are untrue... too bad that they are wackos of a different flavor... -g

Retirees have been told that their cost of living has increased 2.7 % last year.
Well, i guess members of a militia who live and hunt in the woods of Idaho would certainly agree with that.
LOL

Honestly, can you find just one person anywhere, whose cost of living has increased only by 2.7 %.

I don't need Bill Gross to tell me what is going on at the supermarket. And what is it with all those companies missing earnings estimates because of higher costs.
At least after paying all my monthly bills i can erase any memory of rising prices by buying a dvd recorder or digital camera for $100 cheaper than last year. Unfortunately those things will last me for a few years while the next set of bills will arrive in 30 days.

cheers
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