Posts Tagged ‘inflation’

  • PNC Wealth Management Measures Inflation With Its Christmas Price Index

    The Christmas Price Index

    Dec 9, 11 • 297 Views • No Comments

    You might want to check the CPI (the Christmas Price Index). Calculated by PNC for the last 28 years, it tells us the value of the items in “The 12 Days of Christmas.” This year, the PNC CPI totaled $24,263.18 for anyone purchasing one set of each...  [read more]

  • 16754_turkey.11.17_000017818522XSmall

    Ben Franklin’s Turkey

    Nov 17, 11 • 277 Views • No Comments

    The bald eagle is our national bird but, according to Ben Franklin, the turkey should have been. In a letter to his daughter, he explains why. “True original natives,” turkeys are American birds. “…Though a little vain and silly, the...  [read more]

  • 16700_5.31_000009096130XSmall

    Chinese Imports

    Oct 23, 11 • 293 Views • No Comments

    Are you paying more for your clothing? According to NY Times financial journalist Floyd Norris, women’s shirt prices, dresses, sweaters, all that government statisticians consider female “outerwear,” have started to become more expensive....  [read more]

  • 16494_5.10_000000361249XSmall

    Grade Inflation

    Jul 16, 11 • 315 Views • No Comments

    Recent research indicates college students are studying less. Between 1961 and 2003, full time college students diminished their study time from 40 to 27 hours a week. And yet, they have been getting higher grades. In 1940, 15% of all students got A’s....  [read more]

  • 16474_11.11_000012487089XSmall

    A Corn Price Surprise

    Jul 7, 11 • 313 Views • No Comments

    Interesting how real life can imitate economics. You know how corn prices have been soaring? Well, farmers responded just like they read an econ textbook. They increased supply. One tradeoff?  A smaller soybean crop. Here are the headlines. You can see...  [read more]