Walmart ceo prepare for "serious" inflation

Free Thinker · Mar 31, 2011

http://www.philstockworld.com/2011/03/31/wal-mart-us-ceo-to-america-prepare-for-serious-inflation/

To those who think that buying food in the corner deli is becoming a luxury, we have five words: you ainât seen nuthinâ yet. U.S. consumers face "serious" inflation in the months ahead for clothing, food and other products, the head of Wal-Martâs U.S. operations warned Wednesday talking to USA Today. And if Wal-Mart which is at the very bottom of commoditized consumer retail, and at the very peak of avoiding reexporting of US inflation by way of China is concerned, it may be time to panic,

Random.Capital · Mar 31, 2011

Good news is that incomes are flat, so a whole whack of other stuff will be available for much cheaper.

jprad · Mar 31, 2011

Quote from Free Thinker:

http://www.philstockworld.com/2011/03/31/wal-mart-us-ceo-to-america-prepare-for-serious-inflation/

To those who think that buying food in the corner deli is becoming a luxury, we have five words: you ainât seen nuthinâ yet. U.S. consumers face "serious" inflation in the months ahead for clothing, food and other products, the head of Wal-Martâs U.S. operations warned Wednesday talking to USA Today. And if Wal-Mart which is at the very bottom of commoditized consumer retail, and at the very peak of avoiding reexporting of US inflation by way of China is concerned, it may be time to panic,

WalMart is the epitome of what's wrong with American capitalism. They've single-handedly destroyed not only companies but entire industries.

The combined effects of higher costs in raw material input, off-shore manufacturing and finished goods transportation should put a severe crimping, if not fatal blow to their business.

I, for one, would welcome the day they went under...

Random.Capital · Mar 31, 2011

Quote from Jimbo2:

A guy posts how food prices are going even higher.

Food prices in N.A. have been unsustainably low for 40 years.

Market realities are starting to intrude.

Don't see a reason to be upset or happy about it - it is what it is - normal and expected.

Random.Capital · Mar 31, 2011

Quote from Jimbo2:

Market realities are inflation machine by FED

Market realities are that we've turned our food system into a proxy for oil.

For a few decades, that was a positive.

Now it's not.

And there isn't a thing the Fed can do about it.

Random.Capital · Mar 31, 2011

Quote from Jimbo2:

1. Oil is priced in US dollars.

Oil transactions are priced in whatever major currency you want to buy it with.

krazykarl · Mar 31, 2011

Quote from Jimbo2:

Again reminding you this isn't Yahoo financial site.

1. Oil is priced in US dollars.
2. FED prints more US dollars for every bill Empire wants to pay.
3. Price of Oil goes up
4. Price of Food goes up.

Now would you like me to simplify even more

wtf does oil being priced in a particular currency have to do with anything? that doesn't change the intrinsic value of the commodity. I think you need to go back to the yahoo boards....

bearice · Mar 31, 2011

Government gone Mad.

http://www.elitetrader.com/vb/showthread.php?s=&threadid=217766

RiceRocket · Apr 1, 2011

Quote from Jimbo2:

Again reminding you this isn't Yahoo financial site.

1. Oil is priced in US dollars.
2. FED prints more US dollars for every bill Empire wants to pay.
3. Price of Oil goes up
4. Price of Food goes up.

Now would you like me to simplify even more

Finally someone who has common sense on the board. Most people here are delusional about the effects of money printing. The fed has created the biggest inflation in world history, and now we are beginning to see the true effects.

S2007S · Apr 1, 2011

Bubble ben bernanke doing a fine job creating another bubble, remember the economy only knows how to expand and grow through the creation of bubbles!!!

Of course Bubble ben bernanke says there is no inflation, meanwhile food and energy and the rest of the commodities continue to soar, anyone who thinks there isn't any inflation is a FOOL!!!