A Poor Person's Observation

If you have saved more money than the FDIC will insure, you have saved too much money.

A Little More About Inflation

Just as one example of the persistence of inflation, the price of Star Wars toys has gone up 25% this year.

Oh yes, one more example. The "standard" price of comic books has risen 1/3---from 2.99 to 3.99----

"Negative inflation"???????

Negative Inflation?

Who came up with the idea that prices are going down? Do they have butlers who do all their shopping for them?

Someone, I don't know who, claims there should be no Social Security cost-of-living-adjustment (COLA), because of "negative inflation." I don't know where they shop, but I shop mainly at Walmart. True, some things went down, but they went right back up a few months later. (Walmart's "Rollbacks" are no longer forever, but only a couple months.)

And my prescription costs are basically doubling next year. Yes, I can afford it, but it adds up.

Barack, set these armchair economists straight---

Back Over 10,000

Yes, the market is back over 10,000---Thanks to February's Social Security stimulus---You see, poor people actually spend their money, unlike rich people who hoard it---So it comes as good news that the government wants to issue another Soc Sec stimulus---

If You Have Functioning Ears...

...you need to check out the band Silversun Pickups. The vibe is so good and so sweet.