Monday, February 15, 2016


Yet another rant in an ongoing series I suppose, in protest of governmental cooking of the books to deflect criticism of the hare-brained policies they inflict upon us. Today the Idependence Institute is noting that energy costs in Colorado have gone up some 67% in the last 13 years. This works out to an inflation rate of about 4%/year. Looking at the prices of other things, this isn't as bad but it's certainly higher than the 1.8% or so that Janet Yellen has been using as an excuse to hold interest rates to near zero.

Just remember to listen carefully to the news when they mention the CPI and note the disclaimer "excluding the volatile food, clothing, shelter, and energy sectors" when they then give you the news that inflation is non-existent.

No comments: