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To: westpacific who wrote (78577)	5/1/2008 11:08:43 AM
From: Steve Lokness	Read Replies (2) \| Respond to of 116555

westpacific; THE FED cannot afford DEFLATION in face of all this debt! Will deflation finally hit what Americans have to have though? Energy, health care and food? Weather is causing fears that corn crop will be hit this year as they are unable to get seed in the ground. Think through the consequences of a poor corn crop! People don't have to go out and buy big screen TV's or gold or new homes - but they do have to heat their homes, drive to work, feed their kids, pay to have their broken leg fixed and pay their taxes. Deflation for crap we don't HAVE to have and inflation on those things we have no choice but to buy. steve

To: westpacific who wrote (78577)	5/1/2008 11:09:13 AM
From: Jim McMannis	Respond to of 116555

Food inflation hits families hard - Congress Hearing focuses on impact of skyrocketing grocery prices on middle-class families. money.cnn.com NEW YORK (CNNMoney.com) -- A joint committee of Congress on Thursday started scrutinizing the impact of rising food costs on middle-class families already stung by rising gas prices. "The anxiety felt ove....r