Thursday, August 18, 2011

July CPI up 0.5%, core rate up 0.2%

What?!?  Inflation is rising????  Who woulda thunk it?  Certainly not Paul Krugman.  No sir.  He assured us nothing of the sort was happening.  Even though he did suggest that inflation would be a good thing for the economy.

Gold went way up this morning.  I wonder why that is?  It was supposed to be in a bubble.  Dear, dear me.

What could these people have been thinking about? /sarc


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