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To: SeekAndFind

uh-huh...That’s why a box of doughnuts costs $5.40? Milk is more expensive than a gas? Low cut hamburger meat is a luxury for some right now?


15 posted on 06/21/2013 6:45:39 AM PDT by Ghost of SVR4
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To: Ghost of SVR4
“””””””””And do you also remember how most of those same people also said that the only way you’d be able to protect yourself from this hyperinflation was by owning hard assets like gold or silver? Well, the inflation never came.””””””

Just because gold and silver were in a bubble does not mean that there was no inflation.

Not just foods and gas have gone up. I purchased lumber last year and this year both and the price is up as well for these items.

I believe the statement above about the velocity of money being to low for very high inflation.

20 posted on 06/21/2013 6:52:01 AM PDT by jimpick
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To: Ghost of SVR4
That’s why a box of doughnuts costs $5.40?

Come on, that's not an essential unless you're you're a cop. Then it's a two or three times a day thing.

39 posted on 06/21/2013 7:38:31 AM PDT by steve86 (Acerbic by Nature, not Nurture™)
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