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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: mishedlo who wrote (24230)1/8/2005 12:55:58 PM
From: russwinter  Read Replies (1) of 110194
 
There you go again with selective memory. Here we see using the government's own massaged numbers that import prices ex energy is up 3.4% yoy.
btmna.com

Even under the Fed's bogus economic theories (especially since import prices are a cornerstone of the disinflation argument), that's simmering inflation, and certainly explains why you are hearing "a number of them" now engaging in basic Ass Covering 101. Kind of like having promiscuous sex without the consequences, when you don't do anything about it though.
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