Thanks to Zero Hedge for this graph illustrating just how much more that burger you’ll likely grill tomorrow is going to cost you than it did last year, or the year before that, or the year before that… Be sure to note their explanation of the asterisks.
Blue is Greenspan unleashing his dot-com bubble rescue plan and Red is Bernanke beginning his save-the-rich printing press plan to rescue Main Street from the banking crisis
And for bringing my attention to this graph from Bloomberg of the “Barbeque Index,” a compilation of the costs of seven July 4th staples – ground beef, white bread, American cheese, iceberg lettuce, tomatoes, ice cream. and potato chips.
Looks like all that government intervention in the economy is really working!