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

Dec. Consumer Price Index: 0.0% in-line with expectations, -0.3% prior. Core CPI +0.1% in-line with expectations, +0.1% prior.
Comments (7)
  • anonymous#12
    , contributor
    Comments (552) | Send Message
     
    But....but Schiff said there was a hyperinflation collapse occurring!!!!

     

    Reality is that inflation is too low and needs to increase.
    16 Jan 2013, 09:07 AM Reply Like
  • divinecomedy
    , contributor
    Comments (466) | Send Message
     
    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 2013, 09:16 AM Reply Like
  • Philip Marlowe
    , contributor
    Comments (1067) | Send Message
     
    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 2013, 05:47 PM Reply Like
  • GaltMachine
    , contributor
    Comments (1146) | Send Message
     
    "because of global warming."

     

    LOL
    16 Jan 2013, 05:51 PM Reply Like
  • GaltMachine
    , contributor
    Comments (1146) | Send Message
     
    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 2013, 09:07 AM Reply Like
  • CaladesiKid2
    , contributor
    Comments (271) | Send Message
     
    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 2013, 10:33 AM Reply Like
  • Whitehawk
    , contributor
    Comments (3129) | Send Message
     
    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 2013, 03:21 PM Reply Like
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