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Good info....
237/4450 peak '07
versus
1st qtr '09
1439/-255
At this pace.....how can prices have upward pressure ?
Is dollar devaluation a clear inflationary number ?
And the deflation picture with no govt ?
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Main items....at the moment
Oil/dollar hedge effects versus a real
decline in demand....
Oil prices without dollar hedges today ?
Oil prices with all oil exchanges under US regulation ?
Post credit bubble US....What's the picture of a normalized US economy....winners and losers....?
Winners....
auto repair
internet education
all things internet
cheap food
cheap clothes
etc....
Losers
new cars
houses
expensive food
expensive clothes
expensive education
expensive vacations
etc....
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One supposes there has never been such a severe ratio change ?
