Dec. Consumer Price Index: 0.0% in-line with expectations, -0.3% prior. Core CPI +0.1% in-line...

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anonymous#12 Comments (552)
 
But....but Schiff said there was a hyperinflation collapse occurring!!!!

Reality is that inflation is too low and needs to increase.
16 Jan, 09:07 AM Reply Like

divinecomedy Comments (431)
 
Come on, just look at Chipotle's early earnings release. They are complaining of food inflation. Hyperinflation may not be the case, but saying that it's low is equally ridiculous.
16 Jan, 09:16 AM Reply Like

Philip Marlowe Comments (179)
 
Food inflation is happening because of last year's drought, which happened because of global warming. There is nothing the FED can do to address that. Some things cannot be solved with monetary policy.
16 Jan, 05:47 PM Reply Like

GaltMachine Comments (931)
 
"because of global warming."

LOL
16 Jan, 05:51 PM Reply Like

GaltMachine Comments (931)
 
Amusing how CPI is calculated - everything important is up big from 3 years ago - food, energy, and rents - yet CPI has barely budged.

That's a head scratcher.

Well at least the price of a tablet on a hedonics basis has come down dramatically :)
16 Jan, 09:07 AM Reply Like

CaladesiKid2 Comments (205)
 
Yes CPI does seem to defy the reality of living expenses, another government report with eroding credibility. By the way, how is it good news that CPI is supposedly flat to declining? Isn't that an indication of tepid demand?
16 Jan, 10:33 AM Reply Like

Whitehawk Comments (2964)
 
http://bit.ly/lmDmS2.

Note also that the folks at BLS calculating and releasing the CPI don't even plug in the proper numbers to their own formulas.
16 Jan, 03:21 PM Reply Like