that's what is so frustrating to me. From the BLS itself the "The Consumer Price Index is basically a measure of changes in prices of the goods and services bought by urban " wage earner and clerical worker families "
That's not what CPI measures though! Not if housing and transportation, i.e., the renting of your home and the purchase or lease of a new/used vehicle are over 50% of CPI!
yet, people don't get it. They scream at me that I'm an inflation denier. I"m not. It's just your measure of inflation is WRONG!
Ed McQuarrie talks the REAL History of Stocks and Bond performance.
We're taking my son to his Introduction to Auburn event at Auburn University.
we'll see you next week though!
In the meantime, a white paper I'm reading.
"This study validates...that the implementation of (China's) Five Year Plan was followed by a significant production expansion in the encouraged sectors of China. This expansion crowds out production in the same sectors in the US, leading to significant drops in both employment and investments and a notable increase in plant closures."
But it's TRUMP that started the trade war, eh?
sorry folks gotta move all this mulch by this weekend.
WE're preparing for my son Cavan's high school graduation party. So, it's a BIT hectic here to make sure everything is in place...
If it was me, I'd grill burgers and sit on coolers full of water. But apparently I'm not in charge. Who knew?