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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: Katelew who wrote (149653)	11/11/2010 2:22:27 PM
From: JohnM	Respond to of 541759

Commodity prices are quoted everyday. I have three monitors in front of me, and one has miscellaneous commodity prices on it. And they have been uptrending. Ergo inflation. So that's just a fact. Good for you.

To: Katelew who wrote (149653)	11/11/2010 2:25:11 PM
From: Dale Baker	Read Replies (1) \| Respond to of 541759

Ergo inflation. So that's just a fact. No, that means producer price inflation but proves nothing about what is passed on to the consumer. It's an equal possibility that retailers will hurt their margins to maintain their price appeal. I've bought a lot of the same groceries at the same stores for four years now and haven't noticed much net change at all. That's why this business is more complex than one magic screen of numbers. I have three screens going all day long too, but nothing is as 100% certain in my world as yours.