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VERY interesting posting by 'fromlori':

>>>>> "This is serious business, folks. The future is not going to arrive 'someday.' For the billions of people who spend a huge portion of their income on food and fuel, it has already arrived. Looking at the above chart of the past 12 months, what we see is that everything, from metals to stocks to bonds to grains to energy, has experienced profound price increases. That pretty much covers everything you need to live on and the bulk of the paper universe. Such a chart is a historical rarity for any one country, yet it currently happens to apply to the entire world. You are living in historic times, which certainly belabors the obvious.

Your Lying Eyes

On the flip side, the story we are being told almost daily is that inflation is very low — too low, even — in a worrisome sort of way. I am reminded here of an old Richard Prior skit where his wife walks in on him in bed with another woman. To her increasing agitation, he denies that he has been cheating on her, finally shouting, "Who are you going to believe, woman? Me, or your lying eyes!?"

Well, my lying eyes see something very different in that chart above from what I am being told; instead of worryingly low inflation, I see rapidly rising inflation that is very close to slipping out of control." <<<<<

http://www.chrismartenson.com/blog/how-long-can-party-in-stocks-last/52040

You can have inflation in one country and not another. In the United States we are still wrestling with aggregate DEFLATION. In the less developed parts of the world they are wrestling with INFLATION on imported products and commodities.

Egypt can have 50% inflation and Saudi Arabia can have 10% deflation ~ simultaneously.

That's one of the reason we have "countries" ~ so we can have our own money, money supply, and pricing systems.

mho...Don't know about anything else but these (three) are the big three which make a society comfortable. 1) shelter from the elements 2) relatively low Food costs 3) low energy costs. These three (imho) help a society grow and prosper. I pray this is only a blip on the charts. If it continues and goes beyond a blip, our society will break down more than what is being experienced....imho. Hyperinslation (new word) may be attempting to slay the world in which all of us live.