ping
Tell you what. I have several friends that are OTR truckers and they all say that they are now delivering loads that are less in value than the fuel they are putting in to get it to the final destination.
This aint gonna go on for long.
From The Collaborative International Dictionary of English v.0.48 :
Inflation \In*fla"tion\, n. [L. inflatio: cf. F. inflation.] 1. The act or process of inflating, or the state of being inflated, as with air or gas; distention; expansion; enlargement. --Boyle. [1913 Webster] 2. The state of being puffed up, as with pride; conceit; vanity. --B. Jonson. [1913 Webster] 3. Persistent expansion or increase in the general level of prices, usually caused by overissue of currency, and resulting in a reduced value of the currency. It is contrasted with deflation, and is when it occurs to a very high degree is called hyperinflation. [U.S.] [1913 Webster +PJC]From WordNet (r) 2.0 :
inflation n 1: a general and progressive increase in prices; "in inflation everything gets more valuable except money" [syn: rising prices] [ant: deflation, disinflation] 2: (cosmology) a brief exponential expansion of the universe (faster than the speed of light) postulated to have occurred shortly after the big bang 3: lack of elegance as a consequence of being pompous and puffed up with vanity [syn: ostentation, ostentatiousness, pomposity, pompousness, pretentiousness, splashiness] 4: the act of filling something with air [ant: deflation]From Moby Thesaurus II by Grady Ward, 1.0 :
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Definition from another source.
That said, some commodities are going up, simply because there’s not much demand for other items. They’ll get your money any way they can. ;-)
Continue the trend by avoiding unnecessary purchases, unless you want to feed big revenues to big government. And try to find ways to become more energy independent, as large amounts of revenues are fed through energy companies and multi-energy investors.
In the meantime, let’s pay farmers to grow corn so we can force people to burn it in their cars.