SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Hawkmoon who wrote (9329)5/6/2008 7:23:32 PM
From: John Pitera  Respond to of 33421
 
Ask anyone who is 80 about the rationing of meat, butter, sugar, gasoline etc during WWII. Heck we had odd and even fill up days for Gas in the 1970's. And remember that if we have these bigger increases coming in commodity prices it will drag up wages, the prices of many real assets etc.

We had inflation like this in the 1970's and there were no food riots. And also there are many great products around like these days such as the powdered protein shakes that you mix with water, they actually taste really good, so it's not the end of the world.

John