I just love reading the financial pages describing how the Fed is so concerned about indications of inflation. Of course, the cost of food and fuel are not considered because they are oh so fluctuating and variable. BUT just let wages start creeping up and, WHAM! Raise the interest rates to slow down this terrible trend!
The point? I went to the audiologist today to get new hearing aids. She told me that, "like everything else, prices have gone up". DUH! Well, I told her that my wages haven't gone up in five years, and even before that, I didn't keep pace with inflation! So, what's it gonna cost me? top-of-the-line aids; $6000! :shock: :eek:
I told her that I could do no better than $4000. Concerned look, like "What the heck do you do for a non-living"? Well, I only make parts for the space shuttle, M1 tanks, and nuclear submarines, so I guess that makes me some kind of stoop labor. :roll: