(*adjusted for inflation)
So...like...the core inflation rate (currently 2.4%) is calculated without including categories subject to frequent fluctuations, like fuel and food. Since March of 2005 the price of oil has gone up 90%, real estate has gone up an average of about 35% (I know, it's sliding NOW), the price of wheat has tripled in the past year and flour has doubled in the last couple of months. So, as long as you don't need to eat, move about or live someplace, you're laughing, right?
Right?
Wednesday, March 19, 2008
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