Once again, into the fray. Some economic data is out today, among them the Price Deflator. Here's how Briefing.com (a market tracker) describes the data:
The chain deflator increased 0.3% in the fourth quarter; it had been widely expected to increase 1.5%.
Once again, dee feat is in dee house. The inflation whores will make up some apocalyptic excuse. They have no shame, or brains.
[UPDATE]
So, another inflation measure is out today, known as PCE (personal consumption expenditures) which boil down to descretionary spending. The money we spend on stuff we like but don't absolutely have to have, but we have the cash to splurge. 0.0% increase. Close enough to deeeeeeeeeflation for me. So, shut up you right wingnuts. You're just lying to the stupid. Saaaaaaaaaaarah???????? Where arrrrrrrre you???
28 January 2011
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