Bernanke’s money printing is affecting more and more parts of the economy. Reports the LA Times:
For the third time this year, several of the nation’s major airlines raised airfares last week, with United and Continental airlines initiating a $4 to $10 increase in round-trip ticket prices.
Virgin America, Delta Air Lines, US Airways and American Airlines have matched the increase, but JetBlue Airways and the nation’s largest domestic passenger carrier, Southwest Airlines, have yet to follow [...]
Also, the average hotel room rate in North America climbed 7% in January.