Picassa: The effect of China's inflation on the U.S.
I have been saying for a year or more, in one sentence, what it took Schiff over 5 minutes to say. "Once China allows its currency to rise, "The Dollar Tree Stores" will have to rename themselves "The Two Dollar Tree Stores".
Here is a scary thought: suppose they become the "Three Dollar Tree Stores".
It will be interesting as "h" to see whether Social Security recipients get a raise next year. Remember, good and energy are not variables used in computing the CPI.
The U.S. is in for very hard times, and it is starting at the local grocery store.