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The Original TNT Bulletin Board
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Inflation SKYROCKETS (10%) *LINK*
Posted By: Nancy Lieder
Date: 2/22/06 7:11 a.m.
Consumer Prices Soar At 10% Annual Rate!
Well, you can't say I didn't warn you in advance - as you will recall that I told subscribers back in early December in my Annual Forecast issue of www.peoplenomics.com that we would likely see 6.5% annual inflation (at some point 6.5% on a trailing twelve month basis - TTM) in 2006. Well, sunofagun, I am looking like a genius, because here comes the Consumer Price Report for January and the monthly increase was 8-10th's of one percent which pencils out to 10.0339% annualized! (The People's Economist takes a long bow)
Worse: Even with "seasonal adjustments" we see now that the monthly rate was 0.7% for the month which is 8.73% annualized.
http://urbansurvival.com/week.htm
The Original TNT Bulletin Board
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