Thursday, February 25, 2010

Following up on the wrong story

Well there ya go. Don't count the consumer prices that went up, so ya can say prices went down. And don't mention wholesale prices at all. That way we can reach the solid conclusion that prices are stable.

That's what we need to say on the 18th, so the next day's news makes sense.
Posted by The Arthurian at 6:51 PM

1 comment:

The Arthurian said...

I'm thinking... Some prices are going up. Some are going down. Prices are all over the place.

I'm thinking: Prices are all over the place because nobody knows what's gonna be true tomorrow. And I'm thinking: Maybe this is what the Federal Reserve was hoping to achieve. Or, maybe it's the best possible outcome anyway. Because "prices all mixed up" may be the best way to avoid both severe inflation and deflation. And that is hands-down the best possible outcome.

February 26, 2010 at 12:57 PM

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