was bad. bloomberg told his readers to eat lentils instead of meat and to kill their dogs because pets are expensive, i as bloomberg put it,t, quote w nobody said this would be fun and they were right about that . it hasn t been fun. in fact, inflation has been a disaster for virtually everyone except the bigy debtholders officially, according to numbers out today, the inflation rate is eight point three percent. but that s a fixed 8 a number. it s based on cpi, which is a rigged measure in every realized and the other ones that you go through when you buy things to live the numbers are much higher. for example, this year the price of breakfast here which many peopleth eat in the morning has gone up by 10f percent. the cost of chicken nuggets is eighteen percent. stick to lentils, powell cannedl fruit and vegetables up more than 10% juice,, snacks, id clothing for your kids up nine percent. the price of baby food if you can find it up 13% fertilizerli prices, fertilizer being the basis
it s perhaps a more minimalist rather than maximum approach to all of this. the games are not necessarily working the way the russians thought they would in crimea. at that point, vladimir putin, and he is the decider here, if i may quote w, he is the decider here. anytime you want to quote w here, you go ahead. i m on the right network, got it. is it an offramp towards federalization, a finlandization of ukraine, if you will, from russia s security viewpoint or does he want to double down. in the interest of world piece we all want him to back off a bit pl the intelligence game is not going quite the way he hoped but we re also very early in this fight yet. i think there s a long game going on here.