Posted on 12/07/2015 10:25:37 AM PST by blam
Dec 07, 2015
Raul_I_Meijer
As yet another day of headlines shows, see the links and details in today’s Debt Rattle at the Automatic Earth, deflation is visible everywhere, from a 98% drop in EM debt issuance to junk bonds reporting the first loss since 2008 to corporate bonds downgrades to plummeting cattle prices in Kansas to China’s falling demand for iron ore and a whole list of other commodities.
The list is endless. It is absolutely everywhere. And it’s there every single day. But how would we know? After all, we’re being told incessantly that deflation equals falling consumer prices. And since these don’t fall -yet-, other than at the pump (something people seem to think is some freak accident), every Tom and Dick and Harry concludes there is no deflation.
But if you wait for consumer prices to fall to recognize deflationary forces, you’ll be way behind the curve. Always. Consumer prices won’t drop until we’re -very- well into deflation, and they will do so only at the moment when nary a soul can afford them anymore even at their new low levels.
The money supply, however it’s measured, may be soaring (Ambrose Evans-Pritchard makes the point every other day), but that makes no difference when spending falls as much as it does. And it does. The whole shebang is maxed out. And the whole caboodle is maxed out too. All of it except for central banks and other money printers.
Everyone has so much debt that spending can only come from borrowing more. Until it can’t. We read comments that tell us the global markets are reaching the end of the ‘credit cycle’, but can the insanity that has ‘saved’ the economy over the past 7 years truly be seen as a ‘cycle’
(snip)
(Excerpt) Read more at marketoracle.co.uk ...
Even Larry Kudlow has realized in the past week that we are looking at deflation. Soon we will all be calling 2015 the good old days.
All good info. By the way we do the oils and you can get a bottle of lavender at the health food store for about $5. We keep our diffuser going everyday.
I fully understand. I constantly find myself once every 5 or 10 years saying something imprecise and it's really good to know I'm not the only one.
I’ve seen 10ml bottles for that price. But a lot of the cheaper brands available in brick & mortar stores are lower grade.
It has been at least a decade since I’ve seen 4 oz for under $14, and this is Bulgarian, no fillers. You might want to check out Amazon. The same sellers have all the essential oils for this quantity/price. They come in dropper bottles, too.
If gas stays low and goes lower, I’m hoping shipping costs follow. My business supplies cost over $1 pound bulk rate via FedX from PA to WI. That’s double in just few years. Shipping goes down, other prices will have to follow, eventually.
Ours are 1 oz bottles steam distilled and made in Illinois. We also have some lavender from France that is considered medicine not essential oils. We only got it because Mr. GG2’s daughter lives there and brought some over to us. It is incredibly strong.
We use peppermint layered with lavender for a back remedy stronger than anything you get in the pharmacy like stop pain or heat.
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