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Strategies & Market Trends : The Thread
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To: SirRealist who wrote (49123)5/30/2001 11:03:44 AM
From: Smart_Money  Read Replies (4) of 49816
 
I keep hearing that INFLATION is not a problem.

1) When I got quotes on 4 tires three months ago they were 135.00 a piece and today they are 148.00. Tire shop said OIL when up so the cost of making tires go up.

2) My electric bill this year is 30% more than last year.

3) Heard on radio that movie theaters price jumped from 7 bucks to 10 bucks.

4) Fill up my SUV and its 7.00 more than last year

5) Natural Gas Bill is way up.

6) ect ect ect

I am sure the average American has not seen that kind of raise in their incomes. Newspaper reports of Americans going to the pawn shop selling items to pay for Phone and Electricity. The "Inflation" is here right now and Wallstreet is not ready to pound the table on the issue. Greenspan will have his hands full for sometime.
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