Thread: It's baaaack!
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Old March 2nd 04, 07:39 PM
Jim Hampton
 
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Yep,

Also note that this is why OPEC is cutting oil production. Their price is
benchmarked to the US dollar and they have stated that the dollar is sinking
so they have to raise prices. Given time, you may see more radios
manufactured in the USA. Of course, few in the US will be able to afford
them since we will be the cheap labor of the world. Give it about 10 or 15
more years.

Stay tuned to this one and see who blames whom for the mess that is likely
to result.


73 from Rochester, NY
Jim AA2QA

"Mike Coslo" wrote in message
...
N2EY wrote:
In article , Mike Coslo
writes:


Just got a AES flyer today. Prices are going to be going up in April.
Inflation starts anew!



Mike,

Is it really inflation, or perhaps changes in the exchange rate with

Japan?

The exchange rate is what is going to kick-start inflation. since the
dollar has been falling against other currencies recently, the other
countries either have to raise their prices, or keep them the same,
which is actually a price cut due to the exchange rate.

Since we import so many things, those prices will go up and business
will start charging more to offset the price rise......



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