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Prices going up!!

mpmarty

New member
The new BMWs and other imported bikes are going to see some price pressure soon. Mr. Bernake (sic) of the US Federal Reserve said in a speech recently:

A weaker dollar helps the Fed achieve its dual mandate, by making US exporters more competitive - stimulating job creation - and by increasing inflation through higher import prices.

The dollar has lost 15% of its value against the euro since early June, on growing speculation that a slowdown in the US economy in the second half of the year would force the Fed to ease monetary conditions further
 
So Gasoline, electricity,, made in China stuff like everything we need to live now, will also go up. New cars, even domestic, have a HUGE Chinese content, prices up, up up. Meanwhile my no raise in 5 freaking years, just be happy you even have a stinking job (and I am) lifestyle declines even further.

Freaking beautiful.

I have 5 years to pay off my Home, and small investement farm, I HOPE I MAKE IT. Maybe I can sell out for enough to go live in Mexico for a few years.

Rod
 
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