Friday, September 22, 2006
Short and Sharp
There are two things that the government statisticians do not take into account when they check for inflation: Energy and Food prices.
There is one thing they Federal Bank uses to curb inflation: Interest Rates.
There are three things which damage the living standards of the middle and lower income classes: Energy prices, Food prices, and high Interest Rates.
To the normal person, the economy is how far your paycheck will go to take care of your family with no caveats.
Terry D. Barhorst Sr.
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