The price of things to come..

December 24, 2008

http://www.forbes.com/financialadvisernetwork/2008/12/23/deflation-hyperinflation-currency-fan-ii-in_ts_1223financialadviser_inl.html

To add to this article. My view re inflation and deflation is that we are currently artificially inducing deflation – by retailers and traders – selling below the cost price in order to liquidate their positions. This has affected the price of almost everything from Zinc and  Phosphorus to the price of Cars, Cameras and Cloths. The exception is real food inflation [read essentials] which is currently running at 10.1% in the uk – this is a foretaste of what is to come.. Hold your positions it is likely to get nasty…

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