Barron's Notified Me About Inflation at 2006-09-01 22:48:30
I just received my renewal notice from Barron's. Inside the envelope came a special "price alert" about future subscriptions. I quote;
"The continued escalation of fuel prices has sharply raised our cost of delivering subscriber copies. Even the cost of the oil-based inks used to print BARRON'S has gone up! We're doing our best to hold the line, but the inevitable result of these higher costs will be an increase in the cost of a subscription."
Bottom-line: The CPI is a bold face lie and cannot be relied upon as an inflation gauge.
I wish Barron's would harp on this issue more on its front cover rather than hide it in its renewel envelopes. There is nothing wrong with telling the masses they are being lied to.
Blog Source - http://www.johnmugarian.com/index.rdf
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