Mrcauser’s Weblog

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Did you ever wonder why your check didn’t go up ……

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If your check increase is based on the CPI it didn’t increase to keep up with inflation. The government cheated you out of it. Probably gave the money to the losers who didn’t pay for their house. Or gave it to the fat cat gangsters who make sure both political parties stay in charge.

Oh I forgot, you did get a couple of bucks in “stimulus money.” Now they have to raise your taxes to cover it. Kind of takes the thrill out of voting, doesn’t it?

Bet on it!

Food Costs up 2.4% In a Single Month

Since March 2009, the stocks and commodities have soared – and investors have been thrilled.

While many attribute this rise in valuations to economic recovery, some believe that rising costs are a direct result of the monetary expansion by the Federal Reserve, resulting in price inflation on certain goods, namely those assets such as commodities, which are not considered debt-based (i.e. cars, houses).

The Labor Department reports that prices in the month of March rose across the board:

There was little sign of budding inflation in the report. Excluding volatile food and energy costs, wholesale prices rose by 0.1 percent, matching analysts’ expectations.

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Written by mrcauser

April 23, 2010 at 6:41 pm

Posted in Uncategorized

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