German Inflation larger than economists expected.

rockouthippie · 27th November 2010, 13:48

Inflation in Germany, Europe’s largest economy, accelerated more than economists forecast in November after food and energy prices rose.

http://www.bloomberg.com/news/2010-1...rgy-costs.html

Oh F$%$!, not 1.9%! Were all gonna die! Perhaps I just don't get so excited about things since I remember 18% inflation in the 1970's.

Saturday Night Live had Dan Ackroyd playing Jimmy Carter..... I'd like you to take 10% of your money and BURN IT!"

baafie · 27th November 2010, 15:57

Quote:

Originally Posted by rockouthippie

Were all gonna die! Perhaps I just don't get so excited about things since I remember 18% inflation in the 1970's.

Obviously the worldwide economy is the #1 news item (and has been for over a year). Even the smallest variation, that people could attribute to either recovery or the opposite, is (apparently) newsworthy.

Still, in the grand scheme of "ANGELINA ADOPTS" and "BRAD PITT LIKES PERFUME", this news actually ranks rather high on the relevancy scale.

rockouthippie · 28th November 2010, 09:59

The LORD is my shepherd; I shall not want.

He maketh me to lie down in green pastures: he leadeth me beside the still waters.

He restoreth my soul: he leadeth me in the paths of righteousness for his name's sake.

Yea, though I walk through the valley of the shadow of death, I will fear no evil: for thou art with me; thy rod and thy staff they comfort me.

Thou preparest a table before me in the presence of mine enemies: thou anointest my head with oil; my cup runneth over.

Surely goodness and mercy shall follow me all the days of my life: and I will dwell in the house of the LORD for ever.

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27th November 2010, 13:48	#1
rockouthippie Banned Join Date: Jun 2004 Location: Oregon Posts: 11,002	German Inflation larger than economists expected. Inflation in Germany, Europe’s largest economy, accelerated more than economists forecast in November after food and energy prices rose. http://www.bloomberg.com/news/2010-1...rgy-costs.html Oh F$%$!, not 1.9%! Were all gonna die! Perhaps I just don't get so excited about things since I remember 18% inflation in the 1970's. Saturday Night Live had Dan Ackroyd playing Jimmy Carter..... I'd like you to take 10% of your money and BURN IT!"

28th November 2010, 09:59	#3
rockouthippie Banned Join Date: Jun 2004 Location: Oregon Posts: 11,002	The LORD is my shepherd; I shall not want. He maketh me to lie down in green pastures: he leadeth me beside the still waters. He restoreth my soul: he leadeth me in the paths of righteousness for his name's sake. Yea, though I walk through the valley of the shadow of death, I will fear no evil: for thou art with me; thy rod and thy staff they comfort me. Thou preparest a table before me in the presence of mine enemies: thou anointest my head with oil; my cup runneth over. Surely goodness and mercy shall follow me all the days of my life: and I will dwell in the house of the LORD for ever.