Welcome back (((((Mercury))))). This might explain this rise.
New vehicle prices climbed 0.3 percent, the most in three years, and clothing costs also rose 0.3 percent. The cost of medical care increased 0.4 percent. (regarding car industry) Rents, which make up almost 40 percent of the core CPI, also accelerated. A category designed to track rental prices climbed 0.3 percent. Quoted from the article: U.S. Economy: Consumer Prices Rise for First Time in Six Months http://www.bloomberg.com/apps/news?pid=newsarchive&sid=adoLkivuqUs8 Also this quote : "Economists caution that disinflation could lead to outright deflation, which erodes profits and makes debts harder to repay. Still, others worry that in the longer term, the unprecedented fiscal stimulus and the Fed’s policy of buying more assets and pumping money into the financial system will reignite inflation." (My comment: This is the hyperinflationary crisis that awaits). Peace and best wishes. Xi On Feb 21, 2:01 am, Mercury <[email protected]> wrote: > I think what went up is the cost of insurance, medications(My sons > medication increased $300 dollars in the past six months for a three > month supply) > > I haven't seen an increase in food, just the opposite really...I like > good bargains but I keep thinking prices will go down more and > more....and they are. Well with the great sales, they are! > > On Feb 20, 6:21 pm, "Sumerian.." <[email protected]> wrote: > > > > > Hi; very interesting comment and article. > > > i am very astonished about this being reported: > > The cost of living in the U.S. rose last month for the first > > time in six months as the consumer price index rose 0.3 percent, the > > Labor Department said today in Washington. > > > Astonished because, every constituent element of the cost of living went > > down like oil prices, raw materials, food etc- Hide quoted text - > > - Show quoted text - --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "World-thread" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/world-thread?hl=en -~----------~----~----~----~------~----~------~--~---
