Reader comments: The cost of living
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Light at the End of the Tunnel | 3:41 a.m. May 15, 2008
..is a Speeding Train. I am intuitive. I wrote in my journal in April 2006 that we would see inflation in the basic needs like food and fuel and a crash in leveraged assets like real estate. After the inflation peaks we will go into heavy duty deflation and food and energy will come back down some. Unfortunately, we will also be in a severe recession or depression at that time.
Earl | 7:41 a.m. May 15, 2008
Basic economic principles explain the causes of inflation, debasement of the dollar and recessions so you don't have to "intuit" anything. The writing has been on the wall. The era of Greenspan has been one of easy credit and unprecedented debt accumulation, which inevitably leads to a weakening dollar and price inflation. Bernanke is continuing the tradition like the good Keynesian he is. We're still near the top of the downward spiral. Assume crash positions!
No Thanks | 3:00 p.m. May 15, 2008
Earl,
I'll "Intuit" if I want to. I also spend hours studying. You won't understand. You are right on other things though.
I'll "Intuit" if I want to. I also spend hours studying. You won't understand. You are right on other things though.
Comments continue below
baby | 3:37 p.m. May 15, 2008
I'm glad this lady brought her baby into the store with her instead of leaving her in the car...
Michael Larson | 10:54 p.m. May 31, 2008
At least the check-out clerk there at the store looks nice and friendly... Having excellent customer service like that makes it less of a pain to deal with.
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