You wouldn't believe what I spent at the Grocery Store yesterday!
The Good News is that I went shopping in Bloomington.
I had avoided B-ton for the last couple of months because of all the Mask Nazis,
who would threaten me when I walked into a store w/o a mask.
I saw on the Web that the Monroe County Commissioners this last Wed had decreed to keep all their mandates in place. However, my horse-neighbors across the street has said they had been in town w/o masks and no one had even given them a dirty look.
So, yesterday I steeled myself, put on my garlic-bulb necklace, and headed into town;
and yep, my neighbors were right! Not so much as even a dirty look, and I wasn't alone,
I may even have been in the Majority, which is an unusual event for a misfit like myself!
It gives me hope when Authorities make decrees and everyone ignores them!
They still have their signs up, but people walk right past them.
But, as I said in one of my Posts, I like even more the sign I saw on the door of a Cafe in Nashville:
Their sign said: "We love to see your [smiling] face".
Certainly the 9.3 Trillion $ Disbursed/Committed and given to the the wealthy, I mean, used to fight CoVid-1984, has nothing to do with this little bit of transitory inflation. (Note: I'm not an economist).
Yes prices are going up, up, and up. I have noticed too. And I paid $3.28 a gallon for gas just yesterday. Ouch!! I am in rural area so it costs me more to go anywhere. Good thing I am a home body mostly. But its not quite winter here in Georgia yet. My big fear is what hay and horse feed will be costing by the end of Jan or Feb. Good gracious, they do mean to send us all into poverty.
Did I ever tell you about my childhood friend, Steve? He works for the Bureau of Labor Statistics on CPI reporting.
I met him for dinner in Michigan some years ago when he was in town visiting his family. We were talking work and I brought up ShadowStats. He got defensive, saying something like, "We're aware of John Williams. We reverse engineered his series and he's just adding some arbitrary points to our numbers."
Absolutely, he had it backwards. He was, obviously, aware of ShadowStats. But he didn't know anything about the data. I wanted to enlighten him, but he was defensive so I didn't.
You wouldn't believe what I spent at the Grocery Store yesterday!
The Good News is that I went shopping in Bloomington.
I had avoided B-ton for the last couple of months because of all the Mask Nazis,
who would threaten me when I walked into a store w/o a mask.
I saw on the Web that the Monroe County Commissioners this last Wed had decreed to keep all their mandates in place. However, my horse-neighbors across the street has said they had been in town w/o masks and no one had even given them a dirty look.
So, yesterday I steeled myself, put on my garlic-bulb necklace, and headed into town;
and yep, my neighbors were right! Not so much as even a dirty look, and I wasn't alone,
I may even have been in the Majority, which is an unusual event for a misfit like myself!
It gives me hope when Authorities make decrees and everyone ignores them!
They still have their signs up, but people walk right past them.
But, as I said in one of my Posts, I like even more the sign I saw on the door of a Cafe in Nashville:
Their sign said: "We love to see your [smiling] face".
So, since Jan 2020 (mostly for our "successful" War on CoVid-1984, we have printed 80% of all dollars in existence ....
https://www.investmentwatchblog.com/since-january-2020-the-us-has-printed-nearly-80-of-all-us-dollars-in-existence-4-0192-trillion-at-the-start-of-2020-october-2021-20-0831-trillion/
More specifically, so you don't need to hunt around on ShadowStats.com:
http://www.shadowstats.com/alternate_data/inflation-charts or
http://www.shadowstats.com/alternate_data
Certainly the 9.3 Trillion $ Disbursed/Committed and given to the the wealthy, I mean, used to fight CoVid-1984, has nothing to do with this little bit of transitory inflation. (Note: I'm not an economist).
Yes prices are going up, up, and up. I have noticed too. And I paid $3.28 a gallon for gas just yesterday. Ouch!! I am in rural area so it costs me more to go anywhere. Good thing I am a home body mostly. But its not quite winter here in Georgia yet. My big fear is what hay and horse feed will be costing by the end of Jan or Feb. Good gracious, they do mean to send us all into poverty.
Did I ever tell you about my childhood friend, Steve? He works for the Bureau of Labor Statistics on CPI reporting.
I met him for dinner in Michigan some years ago when he was in town visiting his family. We were talking work and I brought up ShadowStats. He got defensive, saying something like, "We're aware of John Williams. We reverse engineered his series and he's just adding some arbitrary points to our numbers."
I left it alone.
I wonder if your friend Steve got this backwards:
Dear Tim,
Many thanks. Interesting; the BLS has published their changes over time, which I reverse engineered to get my adjustments.
Best regards,
John
Absolutely, he had it backwards. He was, obviously, aware of ShadowStats. But he didn't know anything about the data. I wanted to enlighten him, but he was defensive so I didn't.
I love what a financial guy at ECD told me: with enough hedonic adjustments, there will never be any inflation until we are all eating dog food.