Monday, July 11, 2011

What happened to "Five dollar gasoline"?

Gold is still high. What we have is a ruined dollar that is causing inflation while we have consumers too poor to pay for inflated things so the price has to stay low due to low demand. Some people call this inflationary recession. We have both inflation and deflation at the same time-businesses are hurting big time which is why they are not hiring. Nobody has money-prices can only go up when people have money. Note how many businesses are filing bankruptcy because they can't make sales that can keep up with inflation. Big employers like Perkins.

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