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"The reality right now is that food and fuel are quite inflationary," says Pepsi (PEP) CFO Hugh...

"The reality right now is that food and fuel are quite inflationary," says Pepsi (PEP) CFO Hugh Johnston, critical of the Fed's reliance on "core" inflation. Sadly, says Johnston, it's those who need help the most who face the biggest challenge from higher prices.
Comments (13)
  • Heretic! Heretic! Heretic!


    Ben B.
    25 Apr 2011, 01:19 PM Reply Like
  • An ounce of silver 5 years ago got you 4.4 gallons of
    it gets you 12.8 gallons of milk....
    25 Apr 2011, 01:20 PM Reply Like
  • Perhaps the run in precious metals is engineered by the Dairy Cartel in an effort to get people to buy more milk...


    Q: How much will it buy in regular gasoline terms? Then and Now ?
    25 Apr 2011, 01:47 PM Reply Like
  • 4.8 gallons of gas then...11.8 gallons of gas today....per ounce of silver....
    25 Apr 2011, 02:03 PM Reply Like
  • and they will all vote for Obama again...sad but true
    25 Apr 2011, 01:49 PM Reply Like
  • I dunno. Seems to me that all those gas signs for $4 and $5/gal pricing at ALL the gas stations are free Republican advertising. These prices are beginning to HURT the American consumer and regardless who is in office, the President takes the credit or the hit for financial woes.
    25 Apr 2011, 02:12 PM Reply Like
  • Agree...Obama is toast unless the Republicans decide to run Palin or Trump against him....then he would be a landslide victor.
    25 Apr 2011, 02:14 PM Reply Like
  • Conservatives are sure to run a right wing nut like Trump.
    25 Apr 2011, 02:21 PM Reply Like
  • Trump is not right or left wing...his only allegiance is to money. Ask the bondholders who had to sit through his 2 casino bankruptcies....he's the consummate confidence man...talks a good game, borrows a lot of money, enriches himself and leaves his investors holding the bag....he would make a great Goldman CEO.
    25 Apr 2011, 02:29 PM Reply Like
  • I don't believe the Republicans *want* the White House. Trump is a stalking horse, in it for the fame and fortune, emphasis on fame and fortune.
    25 Apr 2011, 02:33 PM Reply Like
  • 17 months is a long time. If oil price increases are due to speculation like it "wasn't" last time, the bottom could fall out of the price of oil like it did last time. I personally believe OPEC. If demand was there, I believe there would be a marginal increase in production to maximize profits. When they cut production/supply they are trying to keep the price up. But those profiting from oil speculation will swear up and down it is strictly supply/demand.
    25 Apr 2011, 02:29 PM Reply Like
  • I'm a little frightened that I've seen reports of decent polling numbers for Trump. He has a history of putting his name on things and then driving them into the this someone that we want for president??
    25 Apr 2011, 02:34 PM Reply Like
  • I for one think we should go at least one term without a sitting president. I think we need 4 years to clear our heads from the continual military involvements, huge spending bills without any benefit to the citizens, not to mention the huge bill for security and fuel for Air Force One.


    And without a congressional bills could be signed into law either.....4 years of blissful silence from DC....Perhaps I will campaign and my slogan will be "If elected I promise not to take office"
    25 Apr 2011, 02:41 PM Reply Like
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