Gas prices down, wholesale prices down, I'm happy about it Why is everyone afraid? Yes, I am aware that if profits are slim slims cooperate general ...... Hey, should not our government do the same thing ..... screw giving to the rich, they do not care about us, the working class.
The fear of deflation is the cause. I too am happy that prices are falling here in the United Kingdom, petrol / gas and food prices too.
As a retiree, I have a little money and greedy capitalists pulling me my whole life, so the hell with them, lay on deflation or whatever it is called, if means that everything will be cheap.
The problem is that things could become so cheap they are no longer produced since there is no profit to make.
hard times then.
If "you have a garden, dig in the spring and grow your own food as much as you can.
I have about 122 feet of garden to the rear, just push the more I need. I am very experienced at this but have left my garden in the grass during the last 20 years or so. Well, roll up our sleeves and start digging. Dig for Victory.
The biggest problem is getting you down prices is that if prices continue to fall, then he has no economic sense for a company to stock or goods.
For example: A retailer buys boxes of tomatoes for $ 1.00 each Monday. However the fall in prices on Tuesday and he will no longer sell these tomatoes for $ 0.95 each. At this stage, he can not lose money, but if he continues to buy and sell tomatoes. In fact, the only way he can make profits is not to buy or sell anything but hoard money (as prices are falling value of its currency increases).
Consequently, in times of deflation economy stumbles.
This syndrome is one of the causes of the Great Depression.
seems that the jobs in urban areas have fallen giant, but I see small communities "prosperous". It almost seems that they are ignorant of the fact the economy is in such rough shape.Buildings are still rising, subsidies are granted for existing buildings to "facelift". I agree tho, they have never supported on the middle class.I hope and pray things are different in an Obama administration.
Maybe because if you're in the stock market - you lose millions???
Perhaps because the new car out prezodent purchase and mortgage companies that give modems campaigns ... perhaps because there are so many uneducated people in the camp of BHO's? ...
Perhaps because the welfare of its stimulus CKS Jim Jones followers of the request - but will not get a job? ... Perhaps because we installed dictator who will change America in a shit? ...
enough reasons?
The money does not flow ... lower!
But if we do not bail out the auto industry's blue-collar workers who will suffer - the auto workers and assemblers to machine shops, parts suppliers, trucking etc.. It'll be bad ... really bad
Posted on January 20, 2010.
