Thursday, November 04, 2010

Welcome, Stagflation

Commodities are spiking in price - sugar, corn, cotton. So basically everything is going to start costing more: all food, all clothes, all corn based alcohol.

So, it'll by like the 70s all over again, stagflation...no growth in the economy, no jobs, and inflation will be going up. On the upside, the movies might get better.

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