Posted by timeOday on November 16, 2007, 9:18 pm
<http://www.reuters.com/article/domesticNews/idUSN1532573220071115>
WASHINGTON (Reuters) - U.S. consumers will pay 11 percent more for the
traditional Thanksgiving meal this year, due in part to higher energy
costs, the American Farm Bureau Federation said on Thursday.
---------------------------------------------------------------------
How do the official inflation figures stay so low? Food, gas, health
care, travel, all shooting up in price.
Posted by Anthony Matonak on November 17, 2007, 2:18 am
timeOday wrote:
> <http://www.reuters.com/article/domesticNews/idUSN1532573220071115>
>
> WASHINGTON (Reuters) - U.S. consumers will pay 11 percent more for the
> traditional Thanksgiving meal this year, due in part to higher energy
> costs, the American Farm Bureau Federation said on Thursday.
> ---------------------------------------------------------------------
> How do the official inflation figures stay so low? Food, gas, health
> care, travel, all shooting up in price.
These are statistics. Statistics can be manipulated.
In short, they cheat.
Anthony
Posted by 231 on November 17, 2007, 3:42 am
> timeOday wrote:
>> <http://www.reuters.com/article/domesticNews/idUSN1532573220071115>
>>
>> WASHINGTON (Reuters) - U.S. consumers will pay 11 percent more for
>> the traditional Thanksgiving meal this year, due in part to higher
>> energy costs, the American Farm Bureau Federation said on Thursday.
>> ---------------------------------------------------------------------
>> How do the official inflation figures stay so low? Food, gas, health
>> care, travel, all shooting up in price.
> These are statistics. Statistics can be manipulated.
> In short, they cheat.
Utterly mindless conspiracy theory.
Posted by nospam on November 17, 2007, 7:51 pm
Prices have gone up by more then 11%.
On Fri, 16 Nov 2007 23:18:45 -0800, in misc.consumers.frugal-living Anthony
>timeOday wrote:
>> <http://www.reuters.com/article/domesticNews/idUSN1532573220071115>
>>
>> WASHINGTON (Reuters) - U.S. consumers will pay 11 percent more for the
>> traditional Thanksgiving meal this year, due in part to higher energy
>> costs, the American Farm Bureau Federation said on Thursday.
>> ---------------------------------------------------------------------
>> How do the official inflation figures stay so low? Food, gas, health
>> care, travel, all shooting up in price.
>These are statistics. Statistics can be manipulated.
>In short, they cheat.
>Anthony
Posted by Usenet2007@THE-DOMAIN-IN.SIG on November 17, 2007, 11:46 pm
nospam@nospam.com says...
> Prices have gone up by more then 11%.
It depends on the individual items being priced. Some things are
subject to lots of manipulation that goes far beyond the normal,
generalised inflation rate. And can go in both directions - up
or down.
The main example is petrol. That gets jerked around by all kinds
of factors. OPEC supply rates, currency exchange rates,
hurricanes threatening offshore drilling rigs, suppliers dumping
reserves onto the market, plus lots and lots of futures market
speculation.
Although, of course, higher fuel costs are passed on to some
extent, with increasing prices of everything that had to be
shipped a long distance.
But there are other things. In my area, there has recently been
a noticeable increase in the price of cheese. This is influenced
by the actions of a large dairy farmer's co-op, along with
international currency exchange rates effecting profits from
exports.
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>
> WASHINGTON (Reuters) - U.S. consumers will pay 11 percent more for the
> traditional Thanksgiving meal this year, due in part to higher energy
> costs, the American Farm Bureau Federation said on Thursday.
> ---------------------------------------------------------------------
> How do the official inflation figures stay so low? Food, gas, health
> care, travel, all shooting up in price.