ST Alpha - "That's food, it doesn't count in core inflation and therefore doesn't count." (Reading a Post)

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Posts: 157

That's food, it doesn't count in core inflation and therefore doesn't count.

Posted by spamlet Nov 6 '14, 11:04

People would argue gas costs going down offset that.

Responses:

depends on what you're talking about, really. - znufrii Nov 6, 11:09 6
- Almost every time you hear about inflation, they are talking about core inflation which strips out food and oil. - spamlet Nov 6, 11:17 5
  - right. volatile price movements that aren't directly connected to economic activity are not as useful when analyzing macroeconomic policy. -- nm - znufrii Nov 6, 11:34 2
    - 70% of our economy is consumers. What are consumers two largest expenditures? -- nm - spamlet Nov 6, 11:37
    - [deleted]
  - where are Picassos under? -- nm - Reagen Nov 6, 11:19 1
    - [deleted]
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