@AlCp
Great observation on the oil price. You do understand why oil is dropping? Anything to do with the lack of demand from China - yes - this is a major factor.
As I have TOLD you, without China growth the world slides into recession. If you read about it, China is exporting their overcapacity to the world at a discount and the world is fighting back (eg Germany). This will not end well.
If you look at the inflation categories (which I mentioned a few weeks ago), most of the reduction in inflation is due to massive drops in the Used Automotive prices. Factors which affect everyone daily, such as food and housing, has increased substantially.
Just to repeat the obvious... and remember last year when coffee increased too much so they removed it from the calculation for CPI?
Probably fairly removed... I don't think US consumers drink that much coffee...
2 cups a day isn't that much, I guess. Should have been removed a long time ago lol.
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@AlCpGreat observation on the oil price. You do understand why...
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