Posted on 08/11/2015 4:06:44 AM PDT by expat_panama
Means the dollar's value is being flushed down the loo?.......yes, I think that's it.
A large American manufacturer will know the price of goods he's selling on the international market are going to move higher vs Chinese goods. A company buying Chinese goods knows those goods will be cheaper in American dollars.
On a micro level not much of the savings of this move will be passed on to American citizens... but the effect of losing still more manufacturing jobs will be felt..
I suspect that's why freepers experience this reality differently.
My quart of Mayfield milk was in the $.1.19-$1.29 range pre-recession. Now, and it's been stable for a couple of years, it is about $2.79.
The thing about the old inflation basket of stuff is that it periodically gets adjusted for stability by changing the contents of the goods in it - when the whole point of the basket of stuff in the first place is to measure the cost of the same goods over time.
Also, some hi-tech & expensive elective item that decreases in price a very small percentage, perhaps a PC, will offset the larger percentage rise of necessary staples.
Bottom line: Generally, the people that don't notice inflation aren't concerned with how much they pay for their groceries or other day-to-day items. They just use the old CC and pay the bill monthly without a thought as to the amount.
OTOH, folks struggling to get by sure as hell notice what is the price of a quart of milk. jmo
I like this trend. I hope it really grows.
Startups Vie to Build an Uber for Health Care
http://www.wsj.com/articles/startups-vie-to-build-an-uber-for-health-care-1439265847
It's election season, soon. Let's use 'donkey in the room' sometimes, instead of elephant.
Depends more on whether they're buying or selling. Lot's of folks belly ache about through-the-roof inflation and how say, the food they buy is so expensive, and then they clam up when it comes to how much their salaries have been inflating. Interesting you mentioned milk because the reason that the dairy industry's not at all happy about the price of milk is because they say it's too low: U.S. milk prices face downward pressure, analyst says
Where are you buying that milk?...2 per cent at the Milothian Va Krogers and Martins are 2.79 a gallon and actually the prices have been stable even dropping of late(Richmond suburb) Even the 7-11’s have whole milk gallons at 3.95. Wow!
SUPER!!!
I bought in Kroger a quart of Mayfield Dairy Pure 2% milk on July 18 in Duluth, GA.
$2.99
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>> “The stronger dollar hit commodity prices, driving crude oil down after Monday’s hefty gains” <<
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Ummm - PMs actually went up.
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>> “29 Elul is Sunday, Sept. 13th.” <<
To be specific, Sundown, Sept 13 begins 29 Elul.
God doesn’t go by man’s days.
I work at a private consulting engineering company.
I can assure you that no one there - all competent college grads - has had cause in the last decade to brag about how much their salaries have been inflating. :)
If you want to talk medical, there is some hefty inflation for sure.
New work has been hard to win following the beginning of the recession. Profit margins are literally non-existent so that the newer job budgets are routinely raided to complete older work. This problem is exacerbated by the ever more stringent environmental and other regulatory hurdles. Those letting the jobs understand our problems but they have only so much available to pay for performing the work.
So if you can arrange it, please some compensation inflation our way.
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Shemitah begins at the Aviv moon, not in the fall.
The fall date is Rabinic nonsense, which has no meaning whatsoever in the realm of God.
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>> “the hard hearted elitists will never allow their power to be diluted that way without intervention from on high!” <<
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That “intervention from on high” will come at tishri 1, the Last Trump; that is what the word of God says.
Until then Satan’s rule will continue, and even intensify in the 42 months of the tribulation.
The Rabbis and other fools can play their foolish games of man made Shemitim but it means nothing in reality.
Use 1Corinthians 15, and the Revelation as your guide.
Oh stop ....it’ll happen when he decides it’s gonna happen...not on some structured time line but HIS time! When God says “all right time to move,,” Then that will be the Last Trump!
March 18th....for no particular reason is my guess...and it will start in Florence, South Carolina... a card goes into an ATM for a simple withdrawal...triggering the deficit financial apocalypse world wide! I hear “ olive oil and wine supplies”(see Revelation) will not be affected”!
I believe sundown on our Sunday, Sept. 13th is actually the start of Tishri 1.
The days go from sundown to sundown. Elul 29 starts at sundown on Saturday, Sept. 12 and ends at sundown Sunday Sept. 13.
I own a tool and die company that has been watching more and more work for a long time get sucked over there and have been seeing an easing lately.
That is where this move is really going to hurt, wait a while and watch the trade deficit start to skyrocket again, which is exactly why they are doing it.
It could be, depending on when the actual new moon is physically sighted. It is strongly expected to be 1 day later, when the moon will be 5% illuminated.
It is guesswork, as Yeshua told his disciples: “of that day knoweth no man but the Father which is in Heaven.”
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My dollar buys a whole lot more gasoline than it did two years ago.
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