Safehaven | A Good Five-Cent Cigar and a Better Consumer Price Index: Relief is on the Way Regarding the Latter!

June 10, 2005

A Good Five-Cent Cigar and a Better Consumer Price Index: Relief is on the Way Regarding the Latter!
by Douglas R. Gillespie

Summary

The days of a good five-cent cigar are gone forever. Or are they? Maybe not, not if you employ some of the creative accounting used by the US Labor Department in calculating its Consumer Price Index. Which means that what this country really needs is a good -- or at least a "better" -- CPI. On this front, worry not; relief is on the way! Continue to Gillespie Research for the balance of the essay: http://www.gillespieresearch.com/cgi-bin/s/article/id=577

Douglas R. Gillespie, Sr.
Gillespie Research Associates
165 Sheridan Avenue
HO-HO-KUS, NJ 07423
201-447-5743

Doug Gillespie oversees his own financial-market and economic consulting firm, Gillespie Research Associates. For a complimentary sample of Dougs material, e-mail him at drgillespiesr@aol.com.