Here's another little gem from the article . . . "Core inflation, which excludes food and energy, posted a 0.3 percent rise in March . . ." So, unless I'm missing someting, inflation is up
take a shower, flush the toilet or drink from the faucet or filtered water coming from the fridge (remember folks that the water system uses energy to clean and pump water . . . so, yes, it's gonna get more expensive but those increases are easily dealt with . . . just don't include them in the calculations!) . . . so, barring the above activities . . . inflation is not too worrisome for us! It only rose 0.3 percent.
Feel better? I don't.
If you are a hunter-gatherer, living off the land, finding nuts and berries as you go about your day before you retire to a cave to slumber for the night, inflation is a "bigger-than-expected" yet not totally shocking (based on the stock market reaction) 0.3 percent.
Rest easy our hunter-gatherer friends. The rest of us are feeling the pressure as the Dollar declines, making imported goods more expensive (read this article which refers to higher clothing prices), interest rates are increasing, making borrowing more expensive, and
spare capacity for quality oil is non-existant (see our blog archive for more on this topic).
It appears that those who are benefiting the most are the oil companies and banks. With an indebted
public who are now unable to easily expunge their debts after last years bankruptcy law changes, credit card divisions seem to be doing a brisk business. Don't think for a moment that the timing of the change in bankruptcy law was just coincidence. We're heading for rough economic waters, in my opinion, and the debtor/consumer/worker must be forced to pay.
As we've stated many times before . . . save money, get out of debt and get prepared.
Smart Energy Alternatives

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