| Author |
 Topic  |
|
|
fb101
Administrator
USA
2856 Posts |
 Posted - 06/21/2010 : 16:51:04
|
You must be logged in to see this link.
Long story short; Yuan appreciates 3% this year against the dollar.
That means inflation to us; minimum 3%
My comment;
that word itself speaks of lower imports thereby strengthening the dollar. Dollar was up today....
I think nobody knows quite what to do, and I mean the "pro"s.
|
 |
|
|
beauanderos
1000+ Penny Miser Member
USA
2408 Posts |
Posted - 06/21/2010 : 19:35:35
|
I'm starting to real ALL headlines with a grain of salt. No one knows the cause and effect of anything in economic circles, I feel like they are guessing just to write articles. Anything that happens simultaneously can be coincidence... it doesn't mean that one caused the other. Maybe... but who knows for sure? All I know is that, long term, precious metals will be many, many, many multiples of where they are now. That may be as soon as a year away, could be five. Silver is not dependent on hyperinflation to show remarkable gains, gold is. So... yuan revaluation?  Yawn.  Yes, folks, things will get more expensive as inflation works it's way into the economy. We all knew that. Spent $10 last night and all I got was five bananas, some grapes, six small peaches, five nectarines, and five plums. I guess it's time to lose weight  |
Hoard now and hold on!
http://coppermillions.blogspot.com/
http://wherewillyoubein2012.blogspot.com/ |
 |
|
|
AGCoinHunter
Penny Hoarding Member
USA
685 Posts |
Posted - 06/22/2010 : 07:46:27
|
quote:
Spent $10 last night and all I got was five bananas, some grapes, six small peaches, five nectarines, and five plums. I guess it's time to lose weight
Fresh fruit is always expensive. Heck grapes run $4-5 a pound around here and it doesnt take much to make a pound. We just try to do a mix of canned and fresh. But yes, inflation is creeping into consumer prices. Used to feed a family of four for under $100 a week. Now even with coupons and all the buy one get one free offers we are running around $160. But I always slip in something to set off the the side for a rainy day... |
"All tyranny needs to gain a foothold is for people of good conscience to remain silent."
-Thomas Jefferson
"There is no difference between communism and socialism, except in the means of achieving the same ultimate end: communism proposes to enslave men by force, socialism—by vote. It is merely the difference between murder and suicide." - Ayn Rand
________________________________________________
Lenin: Class-based International Socialism
Hitler: Race-based National Socialism
Obama: Class- and Race-based Post-National Socialism
|
|
|
|
misteroman
Administrator
USA
2565 Posts |
Posted - 06/22/2010 : 09:42:32
|
| If you guys have an Aldi foods around you check them out. Have very low prices on Fruit and vegs |
Buying CU cents!!!! Paying 1.2 unlimited amounts wanted. Can pick up if near Ohio area. |
|
|
|
Roadrunner
Penny Collector Member
USA
413 Posts |
Posted - 06/22/2010 : 12:11:01
|
| I concur with misteroman! |
|
|
|
sheba
Penny Pincher Member
USA
191 Posts |
Posted - 06/22/2010 : 21:37:33
|
Right on Misteroman! Aldi's is incredible for reasonable prices if you don't mind a limited selection and sacking yourself. It a great moneysaver.
sheba |
woof ... wag ... whine |
|
|
|
Beau
Penny Pincher Member
216 Posts |
Posted - 06/22/2010 : 23:58:08
|
The only store we have here is WalMart, and there are no buy one get one free.
no coupons.
you pay full price for everything.
when you do get a sale paper everything is marked higher than the normal price, and then the sale price is still full price.
most of the shelves are empty by 8:00 PM you have to be there between 7:00 AM and 8:00 PM to get anything.
they restock at night.
wish we could get some stores to compete with WalMart.
this WalMart is a test store, it was built for that reason.
anyone know where to order large quantities of food at a good price?
I would like to place an order about once a month.
if you know of any wholesale places on line, please post the link to them, and if you have ordered from them.
there was a post here somewhere about LDS. not sure where.
THANKS GUYS |
|
|
|
rosco
Penny Collector Member
USA
254 Posts |
Posted - 06/23/2010 : 00:12:08
|
On the West Coast we have Winco as a low price full service store an they do thump both Safeway an Albertsons for price out the door.
I dislike Safeway an others who need to save all your purchases in their computer. They will be first in Line to tell Big Daddy O about all our poor choices in what we buy. then they will ration health care to the GOOD consumers that buy the drugs to keep us HAPPY!! |
Old Geezer a HAND Sorter |
|
|
| |
Topic |
|
Sign of inflation?
Forum Locked
