Tuesday, March 3, 2015

There is No Price Inflation....

If you rub to sticks to generate  heat and light.

In January, the seasonally adjusted price index for electricity was 212.290, a record high.. That was up from 210.489 in December, which was the record up until then

Historically, increasing electricity prices have not been inevitable in the United States. From 1913 to 1946, the electricity price index trended down from 45.5 to 26.6. By 1974, it was still only 44.1, which was less than it had been in 1913.


at 9:59:00 AM

2 comments:

  1. AnonymousMarch 3, 2015 at 10:12 AM

    Robert,

    As a learning exercise, would you be able to contrast this point with the current MIT BPP findings? http://bpp.mit.edu/usa/

    ReplyDelete
  2. AnonymousMarch 3, 2015 at 2:40 PM

    Not all prices are falling....not sure you can reconcile one thing w/ the 999,999,999 others.

    ReplyDelete

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