Retailers may soon boost prices

Analyst says stores can't hold the line much longer

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  • Earl
    July 28, 2008 4:09 p.m.

    The inflationary pattern is classic. The government actively foists an increase in the money supply on the nation at a rate somewhere around 15% annually. Those who benefit first and most are debtors, and the largest debtor is, of course, the U.S. government. Those who suffer the most are, of course, wage earners, because wages are always the last thing to rise. That's why inflation is called the "hiddent tax," because no one has to vote for or against it. It's built into the system. It's evil and pernicious, all the more so because it's intentional.

  • Bob G
    July 28, 2008 6:16 a.m.

    With no thanks to Wall Street, speculators, and the devalutation of the dollar. With no consumer products made in America anymore what else could we expect? The dollar devaluation and imported cheap tax free labor with an imported economy is causing inflation, not higher paid jobs or pay raises or job benefits. If we stop buying imports, that are usually inferior anyway, our economy might return jobs and businesses back to america. We are now a third world country under the control of other nations and their economy. As other countries economy imporves, ours in america has declined, a very quick decline. Is it time for americans to start emmigrating to China to get ahead and have the better standard of living? We don't have a United States Constitution anymore, Bush has made sure of that. The States and people aren't united and mexico has taken over so maybe it's time to move on. Communism fell in Russia just as freedom and rights are lost in america and our collapse is imminent. We americans are living in a dream world of a once free and independent nation. We have no money, wealth, or use for the worthless dollar.