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Politics : Formerly About Advanced Micro Devices

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To: Bilow who wrote (755380)12/2/2013 12:37:48 PM
From: RetiredNow  Read Replies (2) of 1575089
 
Hmmm. What is QE doing to the price of goods? I wonder…Stagnant incomes and rising prices can't be good for the 99%.

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Inflation Watch 2013; Price Of Christmas Surges 7.7%

Over the past 30 years, the rise in the price of Christmas according to PNC's annual 12-days-of-Christmas price index has matched the CPI at around 2.9% YoY. However, in recent years, the reality is considerably worse than the well-managed inflation data the government profers. The price of Christmas in 2013 is up a stunning 7.7% over 2012 - the biggest jump since 2010' 9.2% rise. The biggest driver of the increase were the dancing ladies (must be the minimum wage decree?) though 8 items saw modest increases also. Once again, it seems the government's benign inflation data is fictionalized by reality's rising price of everything.







Source: PNC
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