What?! Someone get the Bernanke on the line ASAP! Apparently the remaining 19% of Americans work at TBTF banks and the Federal Reserve. From Rasmussen:
Most adults continue to say they are paying more for groceries than they were a year ago, and they expect that amount to be even higher next year.
A new Rasmussen Reports national telephone survey finds that 81% of American Adults are paying more for groceries than they were a year ago, down from 86% in March but generally in line with previous findings. Just 12% say their grocery bills are no higher than they were last year.
It’s interesting that even after adjusting for fake tuna and horse meat, prices are still climbing. These Americans are clearly conspiracy theorists (if you want to know whether you are one or not click here), everyone knows there is no inflation and that Oceania has always been at war with Eastasia.
Full story here.
In Liberty,
Mike
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Whole foods destroyed earnings today
Trend for quality continues.