Thread: It's baaaack!
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Old March 3rd 04, 08:34 PM
Mike Coslo
 
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Dee D. Flint wrote:
"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......



And if we get lucky it will perhaps cause some of that business to return to
the US over time.



I would sure hope so. I fear for our country as we send our
manufacturing and skilled jobs overseas, and retain our burger flippers
and money shuffling jobs here.

No disrespect towards burger flipping - it's just that that is more and
more becoming one of the choices for people trained in other fields.

- Mike KB3EIA -