Sunday, June 19, 2011

Hard Core, Soft Core ... What Kind of Inflation Is It Anyway?

Most of what appears in this posting was prompted by a very interesting question posed of the experts who have been chosen by Focus.com about why does the economic indicator known as "core inflation" exclude food and energy costs. An article, or rather a paper published by the St. Louis branch of the Federal Reserve Bank system has a rather technical discussion of some of the key aspects and definitions involved in calculating "core" inflation written by a Mr. Wynne in .pdf format if you would

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Wednesday, June 8, 2011

Let's Put this Baby to Rest

Let's put this argument to REST for ONCE and FOR ALL

The origin of the debate of food versus fuel (to the best of my knowledge) was based on a miscalculation in a World Bank report from several years ago which they have since refuted and the report was withdrawn. The assumption also was based on the idea that food production would not increase over the coming decades as the world population expands, which, based on the nearly miraculous advances of the last 70 years seems an excessively p

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Friday, June 3, 2011

Healthcare in Costa Rica Costs US$130/yr for Family of 4nd that, ladies and gentlemen of the jury, is why, in Arizona I pay nearly US$600 per MONTH for health insurance for one person, age 60, when I could instead pay US$130 per YEAR for a family of 4 with a view of the Caribbean thrown in.

s is any wonder that people are leaving the country to retire? If I retired tomorrow (or the first day I was eligible for Social Security income), my health insurance (before Medicare was available) would cost me more than half my Social Security check, every month. If I moved to Costa Rica, my health care insurance would cost me about 1 tenth of one month's Social Security check for the entire year! I could also build a two story all concrete construction house for about US$50,000 with 3 bed

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