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July 15, 2008 – Comments (6)

retail sales barely move, but wholesale inflation jump 1.8%.

Cardigan sweaters, double nickels and malaise, anyone?

 

6 Comments – Post Your Own

#1) On July 15, 2008 at 9:34 AM, TDRH (99.68) wrote:

Instant replay of the late 70's, though with the added twist of the potential for global financial collapse.

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#2) On July 15, 2008 at 10:12 AM, saunafool (98.86) wrote:

I keep telling my wife that we'll be fine, as long as there isn't a global financial collapse.

I hate global financial collapse.

By the way, Seth, that 1.8% was just from last month, the yoy number was 9.2% inflation of wholesale goods. But, don't worry, bond yields are really low, so all those professionals don't expect any inflation, so it obviously isn't happening.

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#3) On July 15, 2008 at 10:24 AM, jesusfreakinco (28.91) wrote:

Got gold???

 

 

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#4) On July 15, 2008 at 10:49 AM, DownWithInfidels (29.36) wrote:

hahahahahaha. Yes this is wonderful!!!!!! Except for one detail, the fraud infidel leaders of your government hides true inflation of 20% or more in money supply increase and price of goods increase. Price of gas and food went up huge! But inflation is only up 1.8% because of cheaper CD players and such! Hurray you can feed your family and build your home with CD players!!!! This is an indicator of true standard of living increase!

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#5) On July 15, 2008 at 12:02 PM, DownWithInfidels (29.36) wrote:

hahahahahaha. Yes this is wonderful!!!!!! Except for one detail, the fraud infidel leaders of your government hides true inflation of 20% or more in money supply increase and price of goods increase. Price of gas and food went up huge! But inflation is only up 1.8% because of cheaper CD players and such! Hurray you can feed your family and build your home with CD players!!!! This is an indicator of true standard of living increase!

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#6) On July 17, 2008 at 3:47 PM, FleaBagger (28.77) wrote:

I guess it bears repeating.

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