CountryBoys's Account Talk

Did you use up all the cut wood this winter??

No Grandma,

Luckily I have about 1/3 of it left (2 months worth) and that's even with giving away 2 big truck loads. So I got a good start on next winter. :D I keep hoping my old wood burning insert will breakdown (22 years old) so I can get a pellet stove insert. I'm almost to old to do all of the cutting, bucking and splitting required to lay in a good supply :(

I figure 4 years and I'll have to buy an insert one way or other. :o

CB
 
You need a good Amish neighbor to buy from. One that owns a saw mill and has lots of scrap and tops.


No Grandma,

Luckily I have about 1/3 of it left (2 months worth) and that's even with giving away 2 big truck loads. So I got a good start on next winter. :D I keep hoping my old wood burning insert will breakdown (22 years old) so I can get a pellet stove insert. I'm almost to old to do all of the cutting, bucking and splitting required to lay in a good supply :(

I figure 4 years and I'll have to buy an insert one way or other. :o

CB
 
You need a good Amish neighbor to buy from. One that owns a saw mill and has lots of scrap and tops.

Thanks, Show-me,

That's a good idea. I know of some about 2 hours north of me. I'll have to ask around and see if there are any closer. The Amish have built several homes and barns in our area recently, so they may be closer than I think.
 
Hey Rus,

Just stoppin in to say howdy...since everything is so transparent, might as well just say hey here..;)

Have a good one Amigo..
 
Hey Rus,

Just stoppin in to say howdy...since everything is so transparent, might as well just say hey here..;)

Have a good one Amigo..

Welcome and back at ya Dennis my friend,

Yep gotta stay on the up and up, toe the line, no waves and be PC, clone city. Something about the nail that sticks up....:suspicious:

You guys really got hit out there by the hail storm :( Good luck getting your roof fixed and what a bummer this close to getting out.

Can I say Bush caused it? :rolleyes:

Rus
 
The Jobless: Why There's No Inflation

As long as unemployment stays above 9 percent, retailers' pricing power is nil. It's a situation that could last for years

The Fed's preferred inflation gauge—the core personal consumption expenditures price index, which strips out price hikes in food and energy—rose at an annual rate of 0.6 percent in the first quarter, the slowest pace since records began in 1959, according to the Commerce Dept.

http://www.businessweek.com/magazine/content/10_21/b4179010115834.htm

The stripping out of the food and gas was just a cruel joke foisted upon us by Jimma Carter, so he wouldn't have to raise the SS COLA which was based on inflation. so core inflation is not a real measure. We all uise gas and food.
 
I thought it was changed later than Carter? Late nineties or early 2000's? Or was that when it was enacted?

Fed used to use "non-core" CPI (includes gas and food) - excuse was gas and food too volitile and Fed's tools too slow to react so it would cause an ever correcting Fed reacting to yesterday's prices. Maybe on the short term but rather silly on the long term.

Plain CPI still used for social security and other measures.
 
I thought differently when it occurred and why it was removed, oh well. But I'm not going to debate when it was. The main point is I think it's stupid to not include those items, as they did in the past, when determining inflation, since we do have to eat and drive and are 2 of the largest costs, outside utilities, that we pay for.

But if it is to volitile and occurs to fast for the feds to react, how do they know how much to pull out, they must have some idea, when determining the Core inflation? If it is a WAG, then the Core inflation number is a joke?

Is plain CPI the same as Core? I thought they used the Core CPI for COLA's, I didn't realize there was another CPI called the plain. What's the difference between Core and Plain and why does the press mention core all the time and not plain?

Ya learn something everyday, thanks Silverbird.

CB
 
FAST FOOD IS NOT so Cheap anymore!

Give ma a Number one Combo small please. Thank you sir that will be $7.26, have a good day! broke.gif
Nope no inflation around here, no Sir!!!
 
SB,

Ya got me thinking regarding the omission of food and gas and after reseasrching the matter, I understand more. They don't measure it, they just ignore it, becasue of the flucuations of those items. The following article by Krugman, don't always agree with him, but this helped explain it a little more clearly.

http://krugman.blogs.nytimes.com/2010/02/26/core-logic/

Thanks for getting me thinking about this. :D

CB
 
The proper terms are Core and Non-Core, but I break out in hives using them because it sounds like Coffee and Decaf. But, in this case, it's Core that doesn't have food and gas. What's "core" about that? It's only used by the Fed Reserve.

What I think of (and most people think of) as the CPI is "non-Core". They should have called theirs "Modified" CPI but of course the Fed is so "core." :toung: on the Fed, I want real coffee, and what's to me real CPI thankee.

And the whole modification by the Fed, and calling it "core" makes it look like all measures of CPI don't have food and gas and non-core is missing more. Confuse us all, please!
 
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