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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: CalculatedRisk who wrote (38488)10/5/2005 11:48:30 AM
From: Steve Lokness  Read Replies (1) | Respond to of 116555
 
From the Building world.

Supplies are getting hard to get - here in Washington State! An effort to buy a fairly large order of PVC pipe yesterday met with unsuccessful results. There is none of this particular type available and will not be until November. Previous orders by suppliers have been canceled by manufacture. Cement prices continue to be a problem. Lumber on the rise.

I am raising prices: Inflation is here! What does Greenspan do now?

steve



To: CalculatedRisk who wrote (38488)10/5/2005 12:45:58 PM
From: benwood  Read Replies (1) | Respond to of 116555
 
It's at Heinz says over and over -- the gov't counterfeit operation (i.e. "monetary inflation") only benefits those that receive the money first, hence the well connected and wealthy/powerful top 1% stand to be THE group to gain. The farther down the food chain one is from the money drop, the more likely it is you'll see only retail inflation. Raises, if they ever come for the drones, will always lag retail inflation, thus you get all the side effects of the money drop but no (or too little or too late) compensation.

There could not be a better system in place to further enrich the wealthy.