Bernanke spouts off again today..

[cr]

esmith are you actually contending prices are generally lower today than they were 5 years ago?

You’re joking right? You can’t look at technology based prices drops and use that as a basis that inflation is curbed…unless you’re the FED. For health-care most people have probably had increasing premiums through their employer sponsored program. And food, you been the store lately? The FEDs core inflation is a joke.

[cr]

esmith are you actually contending prices are generally lower today than they were 5 years ago?

You’re joking right? You can’t look at technology based prices drops and use that as a basis that inflation is curbed…unless you’re the FED. For health-care most people have probably had increasing premiums through their employer sponsored program. And food, you been the store lately? The FEDs core inflation is a joke.

[cr]

esmith are you actually contending prices are generally lower today than they were 5 years ago?

You’re joking right? You can’t look at technology based prices drops and use that as a basis that inflation is curbed…unless you’re the FED. For health-care most people have probably had increasing premiums through their employer sponsored program. And food, you been the store lately? The FEDs core inflation is a joke.

[cr]

esmith are you actually contending prices are generally lower today than they were 5 years ago?

You’re joking right? You can’t look at technology based prices drops and use that as a basis that inflation is curbed…unless you’re the FED. For health-care most people have probably had increasing premiums through their employer sponsored program. And food, you been the store lately? The FEDs core inflation is a joke.

[TheBreeze]

Didn’t Bernake say at one point that the government hadn’t put any money into CDOs? Isn’t that an outright lie? Hasn’t the fed bought like $100 billion worth of CDOs through the discount window? Bernake seems like he’s in way over his head.

[TheBreeze]

Didn’t Bernake say at one point that the government hadn’t put any money into CDOs? Isn’t that an outright lie? Hasn’t the fed bought like $100 billion worth of CDOs through the discount window? Bernake seems like he’s in way over his head.

[TheBreeze]

Didn’t Bernake say at one point that the government hadn’t put any money into CDOs? Isn’t that an outright lie? Hasn’t the fed bought like $100 billion worth of CDOs through the discount window? Bernake seems like he’s in way over his head.

[TheBreeze]

Didn’t Bernake say at one point that the government hadn’t put any money into CDOs? Isn’t that an outright lie? Hasn’t the fed bought like $100 billion worth of CDOs through the discount window? Bernake seems like he’s in way over his head.

[snail]

esmith,
per your statement “my employer pays most of my health insurance anyway.” so you almost get a completely free health care. so this doesn’t apply to you.
You don’t eat so much. So cost of food doesn’t apply to you.
Your car is very thrifty with fuel (okay now $3.25/ gallon for premium and its only cost you $4.00 for 40 miles, so you get about 32mpg on your Beemer. What kind of beemer is this, a hybrid?). Again gas price doesn’t affect you.
Lets forget about utilities, who needs an AC anyway when you could watch the 50″ Plasma.
This make you not affected by all this price squeeze, but what I noticed is 2 gallons of milk is about $4.00 early of this year, now its about $5.50 (thats is more than 10% in less than a year), the inflation is real and I don’t care what the fed is projecting on the inflation number they generated its all garbage.

[snail]

esmith,
per your statement “my employer pays most of my health insurance anyway.” so you almost get a completely free health care. so this doesn’t apply to you.
You don’t eat so much. So cost of food doesn’t apply to you.
Your car is very thrifty with fuel (okay now $3.25/ gallon for premium and its only cost you $4.00 for 40 miles, so you get about 32mpg on your Beemer. What kind of beemer is this, a hybrid?). Again gas price doesn’t affect you.
Lets forget about utilities, who needs an AC anyway when you could watch the 50″ Plasma.
This make you not affected by all this price squeeze, but what I noticed is 2 gallons of milk is about $4.00 early of this year, now its about $5.50 (thats is more than 10% in less than a year), the inflation is real and I don’t care what the fed is projecting on the inflation number they generated its all garbage.

[snail]

esmith,
per your statement “my employer pays most of my health insurance anyway.” so you almost get a completely free health care. so this doesn’t apply to you.
You don’t eat so much. So cost of food doesn’t apply to you.
Your car is very thrifty with fuel (okay now $3.25/ gallon for premium and its only cost you $4.00 for 40 miles, so you get about 32mpg on your Beemer. What kind of beemer is this, a hybrid?). Again gas price doesn’t affect you.
Lets forget about utilities, who needs an AC anyway when you could watch the 50″ Plasma.
This make you not affected by all this price squeeze, but what I noticed is 2 gallons of milk is about $4.00 early of this year, now its about $5.50 (thats is more than 10% in less than a year), the inflation is real and I don’t care what the fed is projecting on the inflation number they generated its all garbage.

[snail]

esmith,
per your statement “my employer pays most of my health insurance anyway.” so you almost get a completely free health care. so this doesn’t apply to you.
You don’t eat so much. So cost of food doesn’t apply to you.
Your car is very thrifty with fuel (okay now $3.25/ gallon for premium and its only cost you $4.00 for 40 miles, so you get about 32mpg on your Beemer. What kind of beemer is this, a hybrid?). Again gas price doesn’t affect you.
Lets forget about utilities, who needs an AC anyway when you could watch the 50″ Plasma.
This make you not affected by all this price squeeze, but what I noticed is 2 gallons of milk is about $4.00 early of this year, now its about $5.50 (thats is more than 10% in less than a year), the inflation is real and I don’t care what the fed is projecting on the inflation number they generated its all garbage.

[Eugene]

Beemer will get 30-32 mpg freeway if you don’t drive it like you stole it.

My point is, gasoline is up a lot and food may be up a little bit but gasoline and food are small parts of a typical family budget. An average American family spends more on car loan & insurance payments than on food. You should average prices properly instead of focusing on a couple of low-importance items.

[Eugene]

Beemer will get 30-32 mpg freeway if you don’t drive it like you stole it.

My point is, gasoline is up a lot and food may be up a little bit but gasoline and food are small parts of a typical family budget. An average American family spends more on car loan & insurance payments than on food. You should average prices properly instead of focusing on a couple of low-importance items.

[Eugene]

Beemer will get 30-32 mpg freeway if you don’t drive it like you stole it.

My point is, gasoline is up a lot and food may be up a little bit but gasoline and food are small parts of a typical family budget. An average American family spends more on car loan & insurance payments than on food. You should average prices properly instead of focusing on a couple of low-importance items.

[Author]

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