EdinNola Wrote:
Feb 27, 2013 12:18 PM
My grocery bill each week is roughly twice what it was four years ago, probably due not only to increases in foodstuffs but also the transportation used to get it to my store. That doesn't count the more than double the cost of fuel for me to drive to the market. Yet Ben says we have no inflation? He also pointed out today quite proudly that the stockmarket (Dow?) was up double what it was four years ago! He is out of his tiny mind. The market has just (almost) reached the level in dollars that it was before Obama was seen to be elected however the value of those dollars is roughly half what they were 4.5 years ago. That's a massive net loss in the market.