Walmart ceo prepare for "serious" inflation

[murray t turtle]

Quote from Renegen:

... why not add some depth to this discussion?


Where were wheat prices 10 years ago? Corn prices? I believe we've had triple digit inflation in most commodities. You could price them all in terms of gold, and they would still show price appreciation. Both of those theme are true.

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Rengen;
Well, after doublechecking a 10 year candlechart/wheat;
lot of time, not a triple didget increa$e, but overall, [10 year]triple didget increase, as you wrote

Priced in silver, [or silver coins]not much of an 10 year increase @ all
, but i do like/love my daily bread 100% whole wheat Cut back on rice purchases, simply because Asian like it enough to riot over-let them have it-cool

 

[1prometheus]

Developed nations need a notion of economics that does not require constant population growth/ponzi scheme growth via new immigration. Low population density and high capital invested per worker is what makes life nice. Lets keep it that way.