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AngusPorter

12/04/14 7:07 PM

#80255 RE: BIzzy #80253

Just like to be able to like a comment and this is one!
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djs7

12/04/14 7:28 PM

#80259 RE: BIzzy #80253

When your job income doesn't move up much over the years as it used to and groceries move up considerably over a five year span, it sure feels like inflation. And how about those food tricks by the companies with 16 oz packages down to 14-14 1/2 oz or the smaller ice cream cartons and the price still increases. Talipia is the only fish I can find cheap anymore and that won't last in 4-5 years.
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Citrati

12/04/14 7:36 PM

#80260 RE: BIzzy #80253

Pay attention. Compensation has moved up at an exponential rate. It is being sucked up by the C-suite folks, ya know corporate execs etc. Take a look at education costs for pete's sake. Oh, I guess you are paying the same health premiums as 10 years ago or more. Look at the interest rates on credit cards, pay day loans, title loans. More inflation and ripping off the middle and lower class. Citizens also get a nice income tax increase for 2014 because congress wouldn't extend the cuts.
Sure hope all those Washington politicians changing or moving into offices enjoy redecorating with their 6 to 7 figure allotments. Inflation is everywhere you look.
CTIX an opportunity for the little guy to get back some of what is lost on the backwards moving treadmill.
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BonelessCat

12/04/14 9:32 PM

#80273 RE: BIzzy #80253

Do you know who the first president was to change the inflation index metric to solve inflation?

Ronald Reagan "whipped inflation now" by changing the core measures to eliminate more volatile elements like real estate. Yeah, he took out real estate because real estate reacts quickly to inflation. So, the "canary in the coal mine" for inflation was removed from the index that indicates inflation.

All that said, 10,000 shares of CTIX and you won't have to worry about presidents cooking the books to fulfill campaign promises ever again.