Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Mike M2 who wrote (78828)	3/30/2000 1:08:00 PM
From: Skeeter Bug	Read Replies (1) \| Respond to of 132070

>>"Effective with the calculation of the seasonal factors for 1990, the BLS has used an enhanced adjustment procedure called Intervention Analysis Seasonal Adjustment for the CPI series. For the fuel oil and the motor fuels indexes, this procedure was used [in January] to offset the effects that extreme price volatility would otherwise have had on the estimates of seasonal adjusted data for those series." Yes, it appears it was left out! No inflation?<< yes, the govt is cooking the books. if something is inflating then they call it "volatility and leave it out." if it drops... tie a rock to it and increase its weighting!!! ho ho ho ho!!!

To: Mike M2 who wrote (78828)	3/31/2000 9:43:00 AM
From: Don Lloyd	Respond to of 132070

Mike - mises.org "...As Mises has noted, "Very promptly these funds find outlets in the stock exchange or fixed investment. The notion that it is possible to pursue a credit expansion without making stock prices rise and fixed investment expand is absurd." ..." "...Mises called the stock market the "focal point of the market economy" and "the ultimate device to make the anticipated demand of the consumers supreme in the conduct of business." The traders express opinions as to the employment of capital that can prevent additional investment in unprofitable ventures and expand other promising ones. The inflationary environment distorts this mechanism. It becomes difficult to separate what profits are attributable to inflationary gains (that is, gains that derive from a company experiencing a rise in its selling prices before its buying prices have risen). This creates the illusion of prosperity..." Regards, Don