RE:RE:Inflation numbersWell he certainly is denying what people are experiencing with regards to the cost of living for the public especially as it relates to food and energy .
If what he says is anything remotely true, then they have to go after those that would be obviously practicing extreme price gouging.
Most of these tv pundits who cater to the general public IMO are mostly self serving and wouldn;t trust most anything of what they say.
Truthifest wrote: I highly recommend a listen to Prof Jeremy Siegel 's interview on CNBC a couple minutes ago. I've found him to be the best economic commentator out there, for awhile now. He once again hammered away at the housing component of CPI, explaining that the .8% is way over-stated, as it's a very lagging indicator, and if a better measure was used, core CPI would have actually dropped last month. "Inflation's essentially over" to paraphrase his quote, and stocks, especially value ones such as industrials, should do well. Fantastic food for thought.