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Re: Finally I have found where all the economic nonsense comes from

By: Cactus Flower in ALEA | Recommend this post (0)
Thu, 15 Dec 11 8:23 PM | 80 view(s)
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Msg. 06434 of 54959
(This msg. is a reply to 06426 by tkc)

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ps tkc,

One thing I have learnt and which maybe gives me a wee advantage over some people, is not to trust any sort of news resource but to seek out the underlying figures.

Once you start doing that, you will find yourself astonished by the spin which calls itself reporting. Most of everything you read is opinion piled on prejudice piled on spin.

When you drill down to the CPI report itself, you get to see what is going on a lot more clearly than when it is "mediated" by those who should be explaining the reality, but who rarely do so.


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The above is a reply to the following message:
Re: Finally I have found where all the economic nonsense comes from
By: tkc
in ALEA
Thu, 15 Dec 11 6:23 AM
Msg. 06426 of 54959

Hi CF. Today all commodities, across the board, fell significantly. Confirming to me that your opinion (inflation is not a problem) was correct. Although I certainly continue to absorb rising costs on practically everything (energy is an exception) I must admit you were correct once again. So Kudos. CSL, sorry but you're riding a dead horse. The absolutely last thing we need is a strict Libertarian. No regulation, no police, let freedom reign - Until the mob extracts their toll on your rents. Luv ya, but be careful what you wish for.


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