tag:blogger.com,1999:blog-12897315.post5094575931239891701..comments2024-03-28T09:54:55.115-05:00Comments on Dad29: On the Real World of PricesDad29http://www.blogger.com/profile/08554276286736923821noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-12897315.post-68321828104947093232010-11-12T17:04:31.648-06:002010-11-12T17:04:31.648-06:00For Dadster,
http://www.bloomberg.com/news/2010-1...For Dadster,<br /><br />http://www.bloomberg.com/news/2010-11-12/commodities-worldwide-slide-on-china-rate-rise-concern-copper-oil-drop.html<br /><br />Days like today are why we shouldn't focus too much on a few hundred million dollars of asset purchases by the Fed. over a 7 month period boosting commodity prices. And it's also why commodity prices are a rather inaccurate indicator of inflation inertia. <br /><br />No one ever talks about days like today. They talk about record sugar prices, but seem to leave out wild 12% swings to the downward. <br /><br />Just saying.J. Struppnoreply@blogger.comtag:blogger.com,1999:blog-12897315.post-1177321412126739252010-11-12T16:56:28.081-06:002010-11-12T16:56:28.081-06:00As I've said before, I don't usually focus...As I've said before, I don't usually focus on anecdotal evidence. People have a tendency to only focus on higher prices while ignoring prices that have gone down. Maybe you buy a lot of bananas and not a lot of milk. I don't know. It doesn't make any difference.J. Struppnoreply@blogger.comtag:blogger.com,1999:blog-12897315.post-52441655021575492202010-11-12T11:44:56.947-06:002010-11-12T11:44:56.947-06:00Since you didn't answer me on the last thread....Since you didn't answer me on the last thread...<br /><br />Mr. Strupp - <br /><br />Not to burst any of your theories and graphs and stuff... but....<br /><br />Have you actually ever been in a grocery store? <br /><br />Because if you had, you would have noticed a combination of packages getting smaller and prices going up. <br /><br />I don't need a St Louis graph when my checkbook is spelling it out rather clearly.neomomhttps://www.blogger.com/profile/04830635556787370135noreply@blogger.comtag:blogger.com,1999:blog-12897315.post-82581956856427716102010-11-11T23:04:43.493-06:002010-11-11T23:04:43.493-06:00Then you would be mistaken.Then you would be mistaken.J.Struppnoreply@blogger.comtag:blogger.com,1999:blog-12897315.post-58714753351486696922010-11-11T20:26:04.716-06:002010-11-11T20:26:04.716-06:00I've noticed for the last two years food price...I've noticed for the last two years food prices seem to be way out of whack with other pricing in this troubled economy.RAGhttps://www.blogger.com/profile/09928990342754680095noreply@blogger.com