paxjds

Inflation: Is This the Real Danger?

Get real Max, inflation is in some markets right now. Three years ago Irish Creame $19 a bottle, $24 now. A 12 pack of Ginger Ale was $3.33, now $4. Sirloin Steak was $4.99/#, now is $8.99/#. Gasoline is down, but OPEC is in process of correcting, and gasoline is heading up again. That will take the above items Higher. Auto's are down due to fear in the marketplace and job security. That will change quickly when employers start to hire again. Housing is down, but when that bottom is reached, housing will start to rise slowly to match the mixture of inflation, demand, and rising wages.