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sylvester80

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Re: ajtj99 post# 79598

Saturday, 06/03/2006 10:55:17 AM

Saturday, June 03, 2006 10:55:17 AM

Post# of 148479
The plummeting dollar has made all those things that we buy from China etc.. that much more expensive. Add the fact that commodities are at multidecade highs and the cost of transportation has risen and you have three things that should drive prices higher across the board. And the more the dollar plummets the worse things will get on inflation IMHO. And if oil switches to the Euro, then we should see a dollar nose dive. Stagflation anyone? 15% interest rates?


"When fascism comes to America, it will be wrapped in the flag and carrying a cross." - Sinclair Lewis

"Those Who Would Sacrifice Liberty for Security Deserve Neither." -Benjamin Franklin

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