The Stag Part(y)

U.S. Economy: Housing, Prices Signal Some Stagflation (Update1)

`The Stag Part'

``Industrial production is down, that's the stag part, and prices are up, that's the inflation part,'' said Neal Soss, chief economist at Credit Suisse Holdings Inc. in New York. Compared with the 1970s, though, ``it's not likely that inflation will get as out of control when wages do not respond.''

The producer-price index jump exceeded the 1 percent forecast among economists surveyed by Bloomberg News. It was the biggest increase since November. The Labor Department's figures also showed that prices rose 0.2 percent excluding food and energy, a measure that matched economists' predictions. Production was expected to increase 0.1 percent.

``This period of stagflation is lasting longer than expected,'' said Harris. ``It's not to say that we are back in a 1970s-type situation. We have a much more credible central bank,'' no wage and price controls and ``the labor markets are behaving well.''

Stag Party

In the United Kingdom it is now common for the party to last for more than one evening, hence the increasing prevalence of the phrase "stag weekend".

That's just a hop, skip, and a jump to stag decade.

Just about every Bucks night\Bucks Turn features a stripper commonly referred to as the pouch.

In other words, the pouch gets stripped during the Stag Party on Buck's night. I love it when all the pieces of The Bernanke Code fall into place.

Money Safety

And it's not just pouches -- you can find some really creative ways to hide your money.

Like hoarding toilet paper?

Even a wallet kept in your front pocket can be taken by an experienced pickpocket.

Ben Bernanke really doesn't have all that much experience yet but he's a quick study.