From the big Kahuna itself, the U.S. Department of Labor: Bureau of Labor Statistics Headline Number: +0.2% in Nov 2004 +3.5% since Nov 2003 With out the Food and Energy: +0.2% in Nov 2004 +2.2% since Nov 2003 Teeny tiny inflation compare to what Weimar Germany fans are reporting.
CPI for 2004 came in at 3.3% Core rate for 2004 came in at 2.2% Not too shabby. Numbers are here : http://www.bls.gov/cpi/home.htm
CPI for Jan. 2005 0.1% vs expectations of 0.3% Core CPI 0.2% vs expectation of 0.3% Tobacco. leading the charge upward, was up 1.9% YOY Inflation at 3.0% YOY Core rate at 2.3% Weep for the Wiemar Germany fans.
and of course u believe those numbers. As if they measure any sort of relevant consumer inflation. Dream on Mr. Gullibility. Mr. Zen
BLS reports the following: Housing CPI Index 12mo % Chg 2002 + 2.4% 2003 + 2.2% 2004 + 3.0% So can I buy the houses that the government says only rose +8% over the past 3 years? Wait... I forgot that the BLS numbers include the cost of financing. So if mortgage rates go to 3-4%, housing will really be cheap! Unbelievable.
LOL! All investments take into account the inflation numbers and you want to play a conspiracy game. I'm not surprised by a post in this thread (http://www.elitetrader.com/vb/showthread.php?s=&threadid=45677&perpage=6&pagenumber=1) made by oktiri: yenzen, all your posts are total bullshit , if you have sthg to do, please do....otherwise, stop wasting bandwith with "yes,me too" posts. I'm adding you to my dumbass list
Feb CPI : .4% vs expectations of .3% Core CPI: .3% vs expectations of .2% CPI is up 3 percent in the past year, while the core rate has risen 2.4 percent, the biggest gain since August 2002.
U.S. March CPI increases 0.6% Core rate rises 0.4%, the biggest increase since Aug. 2002 The consumer price index has risen 3.1% in the past 12 months, compared with 3% in the 12 months ending in February. Core prices, which exclude food and energy prices, have risen 2.3% in the past 12 months, down from a three-year high of 2.4% a month ago. ------ A line from the Weimar days, guess who said it: "The government calmly goes on printing these scraps of paper because, if it stopped, that would be the end of the government. Because once the printing presses stopped - and that is the prerequisite for the stabilization of the mark - the swindle would at once be brought to light. Believe me, our misery will increase. The scoundrel will get by. The reason: because the State itself has become the biggest swindler and crook. A robbers' state!â¦If the horrified people notice that they can starve on billions, they must arrive at this conclusion: we will no longer submit to a State which is built on the swindling idea of the majority."
Because F&E is so volatile. Somebody gets nervous about oil and bammo it's up ten bucks a barrel. Then it comes back down, it's tough to think that some speculative boom should influence the CPI numbers. But I've always thought they should include some sort of MA for F&E. And besides, eventually F&E inceases (or energy, anyway) show up in everything else.