“According to the Bureau of Labor Statistics, producer prices for finished goods moved up just 1.4 percent for the 12 months ended in August, the smallest advance since a 0.5-percent rise in April 2013. According to the BLS release, over the past 12 months, at the producer level: Fresh and dry vegetables are up 47.1%. The price of chickens is up 6.2%. Residential gasoline is up 7.7%. Soaps and detergents are up 6.6%. Footwear is up 4.9%. Processed eggs are up 10.3%. Milk is up 6.7%. So if you don’t eat, wear shoes or wash, there is hardly any price inflation.”
http://www.economicpolicyjournal.com/2013/09/heres-why-you-think-price-inflation-is.html
Related posts:
10 Future Law Enforcement Technologies
Trumpism: The Ideology
Did Goldman Sachs Overstep in Criminally Charging Its Ex-Programmer?
NetUSB Driver Flaw Exposes Millions of Routers to Hacking
Analyzing Jamie Dimon's Bear Stearns "Favor" to the Fed
Bill Bonner: Everyone HATES this ultra-cheap market
City Forces Homeowner To Tear Out Garden, Grow Grass She's Allergic To
“Snowden Effect” in Action: NSA Authority to Collect Bulk Phone Metadata Expires
Glenn Beck calls for celebrating Ramadan by shooting all Guantanamo prisoners in the head
Researchers demonstrate first backdoor "hack" into the human brain
Warrantless airport seizure of laptop “cannot be justified,” judge rules
Chinese State-Owned Telecom Accepts Bitcoin
The Snowden case: U.S. data and security industries weakened
California: Laws That Are 'Impossible' to Follow Can Still Be Constitutional
Is America now the largest and most secret tax haven?
