Well, the cost of shipping has increased of late. Here is the Baltic Dry Index:
Don’t drink the Kool-Aid. The dollar is not falling INSIDE America, only outside.
You can still go to Wal-Mart and buy Chinese goods for EXACTLY THE SAME PRICE AS YOU PAID YESTERDAY! Because the Chinese currency is linked to the Dollar.
Yeah, the price of gas has gone up again, but that has nothing to do with the value of the Dollar on world markets.
How does that work, exactly?
In July: Yuan Peg to Dollar Scrapped
Whose cool aid you been drinking to think the falling dollar value has nothing to do with the high price of oil??? Send me some will ya?
Wrong. The price of crude has been stable for many currencies.
Well, the cost of shipping has increased of late. Here is the Baltic Dry Index:
The price of gasoline is a virtual tax on everything you buy that is transported. Congress essentially doubled the price of corn by promoting that moronic ethanol initiative, again (it was a bad idea in the 80’s too.)
The cost of food and energy are through the roof.
My question - What role does the dollar have in all of that? I actually don’t know.
I DO know, however, that discretionary spending is down. Businesses like car repair facilities, and other indicator businesses are showing that the economy is slowing from the standpoint of average wage earners. National inflation numbers don’t track this.
BS - have you looked at the price of world commodities lately? Better buy gold, rather than trust the US government to actually honor the value of the $.
Wow. I can buy poisoned toys for the SAME PRICE!!! Wow!!!
Too bad crude oil’s at $95./bbl; I can’t afford to drive to the friggin WallyWorld to buy them.
Call home. Your planet doesn’t have enough oxygen.