tag:blogger.com,1999:blog-3758330678390419129.post3759071444815275023..comments2024-02-13T02:39:22.756-05:00Comments on EconomicPolicyJournal.com: Alert: Friday's CPI Likely to be Break 50-Year RecordRobert Wenzelhttp://www.blogger.com/profile/14296920597416905488noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-3758330678390419129.post-67944126563204228472010-01-13T11:18:09.999-05:002010-01-13T11:18:09.999-05:00I have posted an update at the full posta for thos...I have posted an update at the full posta for those who are curious.Robert Wenzelhttps://www.blogger.com/profile/12653378186315529211noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-30996347341105144042010-01-13T10:59:34.272-05:002010-01-13T10:59:34.272-05:00So.... the WSJ is wrong, right? Because the overal...So.... the WSJ is wrong, right? Because the overall economy might not be experiencing inflation, but (my) consumer prices sure as h*ll are.elladeonhttps://www.blogger.com/profile/01294202773905609261noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-59533688020747154752010-01-13T10:29:01.195-05:002010-01-13T10:29:01.195-05:00Friday's consumer-price report is expected to ...<i>Friday's consumer-price report is expected to show that 2009 marked the first annual decline in consumer prices in 54 years.</i><br /><br />There's zero chance that this will occur. The (seasonally adjusted)CPI would have to fall by over 2.6%from Novemeber to December in order for December 2009 to be below December 2008.Jimnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-15259952086048410942010-01-13T10:05:34.231-05:002010-01-13T10:05:34.231-05:00LOL.
I thought that would get your attention. It&...LOL.<br /><br />I thought that would get your attention. It's from WSJ:<br /><br />Friday's consumer-price report is expected to show that 2009 marked the first annual decline in consumer prices in 54 years.<br /><br />http://tinyurl.com/y9ua7loRobert Wenzelhttps://www.blogger.com/profile/12653378186315529211noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-62192427188973990732010-01-13T09:23:41.310-05:002010-01-13T09:23:41.310-05:00Where did you read this? I just checked FRED and b...Where did you read this? I just checked FRED and both the regular CPI as well as the core CPI are up more than 1% through November.<br /><br />So people are forecasting that prices dropped a full percentage point last month?<br /><br />(And I'm using the BLS' seasonally adjusted numbers, too, for those calculations.)Bob Murphyhttps://www.blogger.com/profile/04001108408649311528noreply@blogger.com