Archive for the 'Inflation' Category

Who are they kidding?

May 15th, 2008

The government reported on Wednesday that inflation was tame and lower than expected. The markets rallied on the news. But look into the numbers and one realizes that they are useful as Argentina’s or Venezuela’s inflation statistics.
Our esteemed government let us know that the price of gasoline fell 2% in April. While in the real […]

Rice Hoarding in the US

April 22nd, 2008

Who would have thought that in the bread basket of the world they are hoarding rice?
NY Sun article about rice hoarding
I got this link from Jeff Matthews, whose blog entries I always read.