On 09/05/2010 1:50 PM,
wrote:
On Sun, 09 May 2010 14:46:35 -0400, wrote:
On Sun, 09 May 2010 13:28:59 -0400, wrote:
On Sun, 09 May 2010 12:42:16 -0400, wrote:
by the way...what's the rate of inflation nowadays?
oh. there isn't any.
Bought any oil based products lately? (everything is oil based) There
is certainly inflation going on. The fed is just ignoring it and
borrowing to hide it by printing money.
really? got any proof?
or is the only proof you need listening to limballs?
The proof I have is I go to the gas station, the grocery store and I
pay a cable bill (until I fired them). What is not going up?
The BLS agrees with me but you know how those government people lie.
http://www.bls.gov/news.release/cpi.nr0.htm
They even provide a time killing calculator using governemtn CPI numbers.
http://data.bls.gov/cgi-bin/cpicalc.pl
Plug in 1960's or 1970's prices you or you parents paid for things.
Maybe even grab a 1960's income tax and run taxes and utility costs.
A real eye opener. My home has outpaced inflation 3:1 since it was
built. And that was a today firesale price, could be 4:1.
In 1980 you could have bought a leather loaded LTD V8 auto for less than
$9,000, today the inflation calculator says $23,770.38. (Remember I live
in Canada).
I really got a kick out of a 1976 utility bill with $1.05 in taxes for
water and sewer, today it is closer to $40++ where I live. Should be
$4.02 by the calculator.
--
There is a sucker born every minute, liberals and our politicians are
counting on it.