Unreal. "hear about it in the general public". We get plenty of anecdotal evidence every single day. Besides your fellow wingnut, Piezoe, alluded to Shadowstats multiple times to defend the higher education cartel in their neverending tuition inflation.
Just more of his troll behavior. He'll ask you for "proof", then go ahead and dismiss the proof because HE decides it's a "fringe" site..(as he's done with Zerohedge).
This is why I laughed at the "discredited" statement, just after he posted the "anything you don't agree with is dismissed as fake".
I put "been discredited" in quotes because you were first to use it, back when Yglesias was the topic (and Max was criticizing his... appearance). I should have put a smiley on this one today, so I could claim I was laughing, too.
The only difference is that, in the Yglesias topic, I offered specific reasons detailed why the article from him was flawed. You used his blog to support your argument on how the Fed could unwind it's stimulus. You said "I read something last week that detailed how it could work." I then asked you to explain further, and, true to Ricter form, you provided me with a google search result as your answer. I then took the time to review the top 10 results, one of which was Yglesias (and incidentally that was the only result in the top 10 that spoke even to the topic you were trying to respond to). I explained why his answer to Fed unwinding would not work here. You never did try to debate that and just exited the thread soon after. Here is another thread where I called out flaws in Yglesias, the blogger's, post about how unemployment could be affected by monetary policy. You never did answer that either, and did the ol' Ricter 2 step away. Williams from shadowstats simply took the original BLS methodology and applied it to today's prices, and got what inflation would look like without the BLS admitted changes in their data. There's not a whole lot of complexity to what he did. You compare this to a blogger who writes editorials without any data to back up his arguments.
(CNSNews.com) - The average price for a kilowatthour (KWH) of electricity hit a March record of 13.5 cents, according data released yesterday by the Bureau of Labor Statistics. That was up about 5.5 percent from 12.8 cents per KWH in March 2013. The relative price of electricity in the United States tends to rise in spring, peak in summer, and decline in fall. Last year, after the price of a KWH averaged 12.8 cents in March, it rose to an all-time high of 13.7 cents in June, July, August and September. If the prevailing trend holds, the average price of a KWH would hit a new record this summer.
Ah, thank you for bringing this thread back, Lucrum. I had been meaning to do so in the last week but had gotten sidetracked. Gas at record pricing for this time of year. Beef prices: Pork: Shrimp! lol Bah, who needs protein! Let the peasants eat cake! From Bloomberg: Maybe Ricter will give us some circulars of "stores near us" that show cheap beef prices.
Skyrocketing Lime Prices Force Local Restaurants to Get Creative http://blogs.riverfronttimes.com/gutcheck/2014/04/lime_prices.php