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


To: Steve Lokness who wrote (72448)12/17/2007 2:48:10 PM
From: mishedlo  Read Replies (3) | Respond to of 116555
 
Price inflation is a lagging phenomenon.
I believe there is a lot of speculation in grains and in fact commodities in general.
Look to Japan for a model.
Prices on stuff did not fall that much.
Prices on assets collapsed.
I expect the same situation here.
Our debt levels makes this far worse.

Mish