Posted on 03/31/2011 9:07:11 PM PDT by dollarbull
To those who think that buying food in the corner deli is becoming a luxury, we have five words: you ain't seen nuthin' yet. U.S. consumers face "serious" inflation in the months ahead for clothing, food and other products, the head of Wal-Mart's U.S. operations warned Wednesday talking to USA Today. And if Wal-Mart which is at the very bottom of commoditized consumer retail, and at the very peak of avoiding reexporting of US inflation by way of China is concerned, it may be time to panic, or at least cancel those plane tickets to Zimbabwe, which is soon coming to us.
(Excerpt) Read more at zerohedge.com ...
———just in time for Easter-——
The only Hershey chocolate I buy are Cadbury Eggs. This year they are $.85 each. Atrocious. I will not buy anymore.
Although I am probably wrong, they seem smaller too boot.
“U.S. consumers face “serious” inflation”
What is serious inflation? 5%, 10% or 15%? If you are on a fixed income 2% is serious.
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