Now there is some good news!! I just wish more people could find jobs so they could buy things.
What a Sham! Jeez not counting Energy and Food Prices I'm sure Glad My Chinese made crap didn't rise last month....Hope Not many People Put Much Stock in this BS.Core inflation - which strips out the impact of volatile energy and food bills - showed prices remained unchanged in April for the second consecutive month.
If wages fall faster than prices, that's still deflation. That's the very nature of deflation.
no, d'ja even read it?Gas is going down?
You are correct. Deflationary spiral is a sure path to a long and bad economic depression.I'm for sure no economic expert, but I read somewhere that when consumer prices fall, its a really bad sign for the economy- meaning people aren't buying and the prices are reduced to get them to buy. Meaning things are getting desparate. Am I all wet on this one?
Worth Repeating..:no, d'ja even read it?
FOOD and ENERGY prices are excluded from the calculation. which, in most people with a brain, renders the statistic MEANINGLESS.
get it? :