Thursday, March 15, 2012

Except for The Price of Gasoline, Inflation Was Mostly Tame

Cost of living in the US "soared"last month -- biggest jump in 10 months -- Bloomberg

Link here.

The lede:
Higher gas costs drove U.S. wholesale prices up last month. But excluding the big jump in gas, inflation was mostly tame.
I know our family is excluding the big jump in the price of gasoline; if we ignore it, it really isn't there, is it? 

Well, except for the shooting, the play the Lincolns went to was pretty tame.

Except for the 800-pound gorilla in the living room, the house is pretty quiet.

Except for gasoline costing $4.35 in California, prices are pretty tame.

I think algae IS the answer. We've already pretty much got the conservation thing down, with gasoline demand in the US down 8 percent or something like that year-over-year.

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