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Inflation..... My humble view.....
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Pofarmer
Posted 3/22/2009 10:48 (#652393 - in reply to #652383)
Subject: Re: Inflation..... My humble view.....



I think what you just described was "stagflation" as happened in the late 70's. That's what I think we have the liklihood of seeing now. Rising consumer prices with steady wages. You don't have wage inflation with unemploment over 8%. If unemployment continues to rise, and it ain't stopped yet, then things are going to get really interesting.

P-oed, I really wish you could tell me if these cattle on feed right now are gonna make money, LOL. I'm going back and forth on whether to dump the heifers and get it over with or what.

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