“Stuff” is Getting More Expensive
October 28th, 2005 by BWV
Thus the Federal Reserve has good reason to be worried about inflation. As many of you know, I have believed for a good 4 years that increases in the price of everyday “stuff” has been running far higher than the (tame) published CPI data suggests.
Check out this blog post from hedge fund manager Jeff Matthews for recent (concrete) evidence of rising commodity prices seeping into prices for finished goods.
I laughed out loud reading the part about rising foam prices… there’s gold in them thar couch cushions !!
