Monday, November 28, 2011

Items in '12 Days of Christmas' Now Cost Over $100K

Another blow for the Keynesian deflationists.

The price of partridges, pear trees and turtle doves have spiked, pushing the total cost of items mentioned in the carol “The Twelve Days of Christmas” above $100,000 for the first time.

Holding mostly steady this year: maids-a-milking, ladies dancing, lords-a-leaping and gold rings.

The 364 items repeated across all the song's verses would cost $101,119, an increase of 4.4 percent over last year, according to the annual Christmas Price Index compiled by PNC Wealth Management.

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