[econ] inflation at 11.2 % according to

[pliny the younger]

inflation at 11.2 % according to our trash hauling company which just asked for a rate increase of that amount. So i nose i is purty dumm but if'n thar's inflation in our washington, w'y ain't thar none in that other washington?

 

[russ3]

Because his Royal Highness Al,His Majesty,Greenspan says so, that's why.

Gettin Tired

 

[dwsjr]

pliny you know its all a matter of who is cookin the books and how they want them to look...my guess is the "fear factor" in DC is probably starting to get a little high 'cause nothing they do seems to have the effect they want...wonder why?...LOL... ten moves in twelve months seems a tad bit odd don't cha think? They never cease to amaze me...

 

[jed brulen]

A believable figure 11.5. Has the press been told that the govt has a right to privacy in budgeting? Seems so. They don't debate $$$$ for anything anywhere anytime afaik.
Closed doors secret budget deals. They're all space cadets in DC.

 

[lynnie]

geez pliney, they might have to raise SS benefits to old folks if inflation goes up. Can't do that, we need to send billions to Russia to upgrade their ICBM's.

 

[Flint]

Then again, what we might have here is an absolutely standard and normal negotiating technique. Ask for double what you want, and hope to get half of what you want.

Inflation isn't measured by what people ASK for, it's measured by what they actually get. Which is conveniently not mentioned here.

 

[Sysman]

Not only SS benefits, what about the new I bonds, as in INFLATION INDEXED bonds? They're now paying 5.92% APY, using the "current" numbers. The .gov can't afford to use the "real" numbers, considering that they're fighting it out in the CD market, where it's hard to find even 4.92% these days, after the many recent FED rate cuts.

We can't let Alan chop CD rates off at the knees, but allow I bond rates to stand, can we?
http://www.publicdebt.treas.gov/sav/sbiinvst.htm