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-   -   You guys think INFLATION will blow up where you live? (https://gfy.com/showthread.php?t=1012030)

$5 submissions 02-26-2011 05:43 PM

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

DWB 02-26-2011 06:53 PM

You know, none of this has a happy ending.

scubadiver626 02-26-2011 08:02 PM

Not for the USA generally.

Be more worried about deflation.

Seth Manson 02-26-2011 08:13 PM

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.

The Demon 02-26-2011 08:53 PM

Quote:

Originally Posted by scubadiver626 (Post 17943057)
Not for the USA generally.

Be more worried about deflation.

Deflation? ROFL.. Please pass what you're smoking or at least educate yourself concerning current events.

BFT3K 02-26-2011 09:11 PM

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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