In 2003 Taster’s Choice’s instant coffee in Los Angeles costed about $4, and today the price is around $9.5. Isn’t that inflation as the Federal Reserve is keeping interest rates below normal to save the housing market deterioration which is due to bad loans practices by lenders. How much growth has there been since 2003 is that more than the inflation level?

In 2003 instant coffee in Los Angeles costed about $4, and today the price is around $9.5. Isn’t that inflation as the FED is keeping interest rates below normal to save the housing market deterioration. How much growth has there been since 2003?

Mr Benjamin good morning,

I would like to take this occasion to thank you for giving us the no nonesence / no cheerleader / say it as it is, approach to business
analysis. I am certain it is appreciated by viewers.

The question I have is; ‘do you have an opinion as to when will the Dow Jones start moving back upwards (positive trend) and therefore indicate the beginning of a bull market and therefore a restart in the American economy?’

A second question I have is; ‘do you not think there are better ways of useing an economic indicator such as the GDP and could CNN not use such indicators in a different manner in order to better present the arguments to viewers and therefore give added value to the work being done by CNN? I suppose this would require some research and development before finding an application?

In my opinion, it could be very helpful.

Thanking you for your time and consideration.

Respectfully
Claude de Verteuil

How come there is no news on how the economy grew slightly when the bleek forcast called for a recession?

Today’s “final” rate cut was like my chunkie friend who takes the fries with the burger, promising to extend her diet one more day, when she finally one day starts dieting.

b dub is right: if there was ever a quarter which should have shown downturn on the first release of data, it was the the first quarter. More important, does anyone at the Fed fill up his own gas tank, or buy the family groceries? These guys have plunged us into an inflationary spiral which will end up causing a lot more suffering than the credit problems, which, by the way, are more behind us than ahead.

..it must surely be the consumer society’s inherent nature that is bringing about it’s own destruction..a free market philosophy, open borders, unlimited and uncontrolled planetary movement of speculatory money plus the inherent greed and therefore shortsightedness of most of humanity have, I beleive brought us to a point of no return..China and India are rich because we consume their products.;as we slow down they slow down..the petrol producers make fortunes yes but this doens’t really have much impact because even if they re-invested their money into the world economy unless it is done on an new globally aware basis of the need to redistribute wealth more wisely, it will only serve to perpetuaute the ongoing and growing misery..Todd, you said it as a lapsus mentum a few weeks ago on a morning quickie interview..”god help us all”..!!