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International Inflation Heats Up
Old 06-14-2006, 02:55 PM   #1
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International Inflation Heats Up

Mexico's migrant-smugglers hike rates

AP - "Smugglers in sunglasses and muscle shirts reclined on withering patches of grass in a tree-covered plaza, blending into clusters of migrants and offering them "safe" trips into the United States. But on this sweltering day, there were no takers. None of the Mexicans hoping to reach the United States could pay the $3,000 the smugglers demanded to hide them in a car and drive them across the border, a trip that just weeks ago cost $2,000."

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Re: International Inflation Heats Up
Old 06-14-2006, 04:27 PM   #2
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Re: International Inflation Heats Up

So that means the MCPI is 50% right now? I wonder if you can buy any MTIPS?
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Re: International Inflation Heats Up
Old 06-14-2006, 04:45 PM   #3
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Re: International Inflation Heats Up

...
Quote:
So that means the MCPI is 50% right now?
no, you neglected to consider ex-energy and the appropriate hedonic adjustments
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Re: International Inflation Heats Up
Old 06-14-2006, 04:47 PM   #4
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Re: International Inflation Heats Up

Crap. As soon as I do that, the basket substitutions will come along...
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