Grande Caramel Macchiato = $4.55
Its inflation Friday! I was reminded of that on my way back from lunch with Gaff -- I popped into Starbucks (SBUX) for some high powered caffeine goodness, and wow!
Its now reached the point where a cup of Starbucks is ~$5!
At this point, I do not know anyone left who is still out there denying the existence of inflation . . .
Friday, December 14, 2007 | 02:33 PM | Permalink
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Tracked on Dec 17, 2007 8:48:21 AM
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wow what a surprise
where's eclectic and his fellow travellers
Dec. 14 (Bloomberg) -- U.S. consumer prices rose the most in more than two years last month on record energy costs, reinforcing the Federal Reserve's concern that inflation will erode confidence in the economy.
Dec. 14 (Bloomberg) -- U.S. stocks fell, heading for their steepest weekly drop in more than a month, after accelerating inflation raised concern higher prices will slow economic growth.
Posted by: peter from oz | Dec 14, 2007 2:46:31 PM
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