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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Mike Johnston who wrote (53853)2/15/2006 12:17:01 AM
From: FiveFour  Respond to of 110194
 
anything that had to be imported or had an imported component must have gone up in price significantly.

yes, you are right that did occur, and that is the reason that imports also dropped siginificantly.

but to the local J6P, the price of food, wine, utilities, gasoline, housing and even locally produced vehicles did not increase in local currency terms.


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