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Sunday, January 22, 2012

Because there's no inflation

My Comcast bill jumped 5% starting January 2012. No explanations, no warnings - I've just noticed that hike in the bill, cause I have that nasty habit of checking my bills. I don't have a printing press after all.

I am sure this increase in the price of the service is totally irrelevant to the massive money printing by Fed. After all, BLS said non-seasonably adjusted CPI-U less food and energy is roughly +2.2% since December 2010.

Yeah, baby! I am sure this is the greedy capitalists from Comcast trying to squeeze an extra buck from a working man like me! Because money printing is good, Fed tells us, for price stability. Oh, and for full employment, which is happen to be somewhere at 20+ million.


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