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To: Dick Bachert

“ravages of inflation”

I thought inflation for last year was only 4.1% and this year only 4.5%?


19 posted on 05/28/2008 7:34:55 AM PDT by CodeToad
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To: CodeToad

Everyone knows the actual rate of inflation is at least ten points higher. Except anyone buying or selling bonds, that is. ;)


21 posted on 05/28/2008 7:37:07 AM PDT by 1rudeboy
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To: CodeToad

22 posted on 05/28/2008 7:39:39 AM PDT by AndyJackson
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To: CodeToad
I thought inflation for last year was only 4.1% and this year only 4.5%?

One of my plastic pipe suppliers stopped making a price list because the prices were going up weekly and the rep of one of the others just made the announcement they are raising their prices across the board 28%

42 posted on 05/28/2008 10:04:25 AM PDT by am452 (In order to ensure the quality of your patriotism, your conversation may be monitored.)
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To: CodeToad
“I thought inflation for last year was only 4.1% and this year only 4.5%.”

Depends on the product/service.

For example: gasoline went up from $3.92 to $4.11 in my area within a 9 day period. That's approximately a 5% jump in a little over a week. A loaf a bread last year cost me around $2.79 last year (not on sale), the same loaf is at around $4.19 one year later.

43 posted on 05/28/2008 10:28:17 AM PDT by 444Flyer (Marriage=One man+One woman! Vote to amend the California State Constitution this November.)
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