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You guys think INFLATION will blow up where you live?
I have a feeling that in many parts of the world, the recent speculation-based spike in oil would be the trigger for a huge spike in inflation. It's not like it's not already here:
Sources: China's inflation rate is so stubbornly high, bank rates are pumped up... again http://www.reuters.com/article/2011/...7171QA20110208 India's nice growth rate pissed away due to crazy inflation http://www.bbc.co.uk/news/business-12363201 World Bank and FAO says Food Price inflation a HUGE threat http://www.philstar.com/Article.aspx...atego ryId=66 |
You know, none of this has a happy ending.
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Not for the USA generally.
Be more worried about deflation. |
I went grocery shopping last night for the first time in about 3 months. I couldnt believe how much groceries had gone up in just a short period of time.
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Inflation is definitely rolling in, most people just don't notice it yet.
The packaging is still the same size, but the volume of the contents have been reduced. |
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