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visitorq
Joined: 11 Jan 2008
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 Posted: Thu Mar 31, 2011 10:51 am Post subject: |
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| mises wrote: |
| The sushi restaurant I patronize most frequently raised prices about 20% a couple weeks ago. |
On the bright side, if you don't mind a little radioactive cesium in your seafood this is liable to go back down fairly soon... |
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BoholDiver
Joined: 03 Oct 2009
Location: Canada
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| Posted: Thu Mar 31, 2011 5:25 pm Post subject: |
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If you live in Korea, say thanks to:
Korea (for having 3rd world farming practices)
Libya (for starting a civil war)
Japan (for having nuclear reactors on a fault line)
for those price increases.
| mises wrote: |
From the video in the Wal-Mart article above:
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| There�s a lot of inflation showing up in dairy |
The price of whole cream has gone from just under 2$ to over 5$ in about a year. Too bad Bernanke can't quantitatively ease milk. The sushi restaurant I patronize most frequently raised prices about 20% a couple weeks ago. It costs 10$ more to fill up my vehicle. And so on. |
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austrian123
Joined: 15 Oct 2010
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| Posted: Fri Apr 01, 2011 9:44 pm Post subject: |
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It's simple...The US Dollar is the reserve currency of the world....meaning everything from oil to agricultural products are priced in US dollars.
The Fed has has implemented a loose monetary policy whereby it is printing massive amounts of dollars. Expanding the money supply creates inflation.
So essentially the Fed is exporting US inflation all over the world.
Protect yourself and profit from this situation..... buy physical silver. |
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caniff
Joined: 03 Feb 2004
Location: All over the map
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| Posted: Fri Apr 01, 2011 9:47 pm Post subject: |
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| Talk however remains at an all-time low. |
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mmstyle
Joined: 17 Apr 2006
Location: wherever
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| Posted: Fri Apr 01, 2011 11:53 pm Post subject: |
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| Inflation at 4.7 percent for March, 29 month high. A recent hike in my favorite yogurt (same price, 15 percent less) made me finally make it at home....so much cheaper. |
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