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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Oblomov who wrote (189515)8/27/2002 7:49:41 AM
From: orkrious  Read Replies (3) of 436258
 
If the credit system collapses, and cash is king, then prices of raw as well as finished goods will have to fall.


yeah, for domestically grown and produced stuff this makes sense, especially things which it doesn't pay to export. but we don't make much anymore. we consume them. for "necessities" we import, if demand falls by a percent because of a weak economy and the dollar is falling by five percent, we are going to have higher prices.
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