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And what on earth is that???
Styrofoam, painted yellow. Or, maybe, a yellow iPad?
"A 2.7% rise in VEAL prices" , really??? The price of fucking veal can influence government statistics? Didn't soy sauce price drops balance this out, WTF?? Has The Onion taken over the reporting of govt. stats? If the price of veal is significant, then so is the price of 7.62 x 39.
plastic cheese made in China.
Well its been confirmed that they make plastic RICE so plastic cheese seems truthful...
vegatable oil made into a solid with nasty chemical flavorings
Remember, the only inflation that counts is wages and key food ingredients:
Textured vegetable protien (from GM soy)
MSG (makes imitation cheeze taste better)
Partially hydrogenized soybean/corn oil
Hell ! Why not make imitation cheese from imitation vegetable oil ?
I'm working on marketing for instant water. All suggestions are welcome.
Those styrofoam wedges you see mounted on the heads of fans of the Green Bay Packers.
The stuff that Kraft uses in their Mac and Wheeze
Inflation. And the government still spending money to prop up the things that aren't getting more expensive, apparently CHICKENS.
Well, I can assure you chicken FEED is getting more expensive by almost 50% YOY and I have the receipts to prove it. Last July 50 lb of cracked corn cost $9, this July $15.
Hence the big reported rise in meats
Yup. Last year we gave the deer a tasty treat. This year they are on their own.
And next year if you aren't able to bag several you'll be facing starvation absent other supplies. Progress.
And next year the deer will be your tasty treat.
With a current PPI core rate at 5% annualized, will the Fed start tightening?
Biflation. Once again.
Futures are up 45 min before the open! I hated Crammer in the afternoon and now he pisses allover the morning news too!
CNBS has become unwatchable. Mark Haines RIP. Rick Santelli move to Bloomberg or Fox.
has been always was
He is an absolute horror.
Worst guy on CNBC and the benchmark for that particular prize is high. MCC's is a close second. Mostly want to punch her.
Spot on, Liz. She acts as if she were acting like she thinks a real hard-hitting news person would act. I think I made the point that it's all an act -- and a bad caricature at that. Still, she does have big... never mind.
And that new guy, Brian, he's just Cramer-lite: Rolled up sleeves, yelling louder than anyone else, shrill voice, talks gibberish. Think they are grooming him for a replacement?
Food prices up 0.6%.
QE3 now in doubt
Yep no doubt no QE3 (at least not for stawks) now fo' sure!
The only one talking about QE is the dork from GS, and his case for QE is a measely $300 billion which has already been priced in many times over since promise of QE to offset all bad news since January and sub DOW 10,000.
Im watching this clownshow from the sidelines.
In that case we got a whole lot of re-pricing to do
I am out of stocks too. With the gold trade such a no brainer, why play in front of Ben's steamroller? (Unless one is a day trader, they must be very pleased with the Bernank).
Are you trading or buying? They are night-n-day you know. Thanks in advance for your clarification.
"2.8% hike in tobacco products"
I'm no smoker, but If I was one, I'd sue US.Gov for
violating human rights.. Common 15 years ago Pack of Marlboro
cost $0.99 at the gas station and now what? $15? in NY state?
Talking about GOLD? Tobacco is the GOLD nowadays, for those
How they are always broke, no matter how much they collect
on tolls and cigarets? Always broke.
Yet another similarity to prison...
When I was in the service in 76 we bought Marb's for 11 cents a pack $1.10 a carton, now I pay $49.99 for an Apx. 5,000% increase. Meanwhile my income in the same period has doubled.
PPI report -- Your zero-percent-till-2013 Federal Reserve inflato-dollars at work!
Perry is quite wrong about charging Bernanke with treason. The appropriate and provable charge is racketeering.
Quite treasonist to bailout foreign banks to the tune of some 16 trillion dollars while average Amreicans were losing their jobs and being thrown out of their homes, IMO.
YoY: Core PPI up 2.5%. PPI overal up 7.2%. Nosebleed in a down economy.
And since the economy is confirmed totaly screwed by any measure, lets power up the robots and bid everything up more!
Hell robots got nothing else better to do, and who knows what kind of mischief they could get into if left idle.
Come on Ben, you can do it just 1 down day! Just for old times sake. What are you really scared of?
True, Sheep. The Bots don't need food. To them, everything is bullish. But without their QE3 wet dream, TPTB gonna throw a tantrum.
I look at all this, and keep concluding theyre just delaying, marking off time till some big event happens. None of this in itself is a plan, its just delay tactics.
Agree SD1, the players/enraged bull is/are ready to burst from behind the gates, mauling, goring....etc. Clearly this delay is to allow more pressure to build, or some crazy, esoteric alignment is being awaited. Whatever it is, it's going to be huge!
That is my observation. The only reason they would throw around these sums in a hopeless cause is they are just buying time.
However, there is one thing they are doing that doesn't buy them time, so logically, it has to be part of their long term planning.
They are buying gold. Gold is the answer, and anyone without it is betting on the old system, a system the insiders apparently don't have any faith in anymore.
Let's just hope the bots burst the price of food bubble soon. I can hardly afford caviar, lamb chops, and lobster at the moment.
Tyler, can you plz make the comparison between Bernanke and KGB from the movie Rounders... I still think KGB was Bernanke
Tweet from Nouriel Roubini:
Hyperinflation! So much for hysterical claims that Fed policy & QEs will cause massive inflation "@zerohedge: PPI up 0.2%, exp. 0.1%"
And Zerohedge response:
@Nouriel Or claims that gold as an inflation hedge will tumble...
Roubini's first blatant mistake is actually believing these less-than margin of error 'official Gubmint numbers'?
Yea Roubini, we're all just 'hysterical' thats all. Lets see what your opinion would be if you were part of the 25% unemployed, and not some FED butt-boy as you now apparently are.
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