US consumer prices fall in November

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  • george of the jungle goshen, UT
    Dec. 17, 2014 6:21 p.m.

    There ain't a bread basket of goods, all there is is 2 months in the year. So every thing can go crazy except those 2 months. They put a handle on them. That's why the 0 COLA increase.

  • James E Tooele, UT
    Dec. 17, 2014 11:38 a.m.

    Reduced demand for goods, an oversupply of goods with sharply dropping prices, soft employment demand, an over-supply of money...does anyone else see a perfect storm of massive deflation? This is a classic Econ 101 scenario. The government has already reported factory orders have declined for the last three months.

    And as the rain pours down, The Fed stands on the dike with the floodgates wide open. Old Sleepy Janie Yellen needs to raise interest rates now! 6 years of malaise isn't enough to wake up The Fed. Maybe a huge deflation-caused recession will be?
    Worst...monetary policy...ever.

  • Brer Rabbit Spanish Fork, UT
    Dec. 17, 2014 10:58 a.m.

    What a bunch of propaganda nonsense. Have we forgotten that food and fuel are not part of the CPI (Consumer Price Index)? There was no hesitation to explain this when the cost of fuel was going up and the government was telling us that inflation was still low. Low fuel prices will eventually lower inflation, but not because we can fill our cars cheaper. It will decline because trucks, trains, ships and airplanes will be able to haul us and our stuff cheaper, perhaps sometime in the future.

  • Brave Sir Robin San Diego, CA
    Dec. 17, 2014 9:56 a.m.

    @ordinaryfolks

    Maybe this is a good time to remind you that oil prices are plunging because of shale oil development via fracking, something that Obama has done everything he can to stop. Low inflation and increased disposable income are happening in spite of Obama, not because of him.