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#1
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Just got a AES flyer today. Prices are going to be going up in April.
Inflation starts anew! - Mike KB3EIA - |
#2
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In article , Mike Coslo
writes: Just got a AES flyer today. Prices are going to be going up in April. Inflation starts anew! Mike, Is it really inflation, or perhaps changes in the exchange rate with Japan? 73 de Jim, N2EY |
#3
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N2EY wrote:
In article , Mike Coslo writes: Just got a AES flyer today. Prices are going to be going up in April. Inflation starts anew! Mike, Is it really inflation, or perhaps changes in the exchange rate with Japan? The exchange rate is what is going to kick-start inflation. since the dollar has been falling against other currencies recently, the other countries either have to raise their prices, or keep them the same, which is actually a price cut due to the exchange rate. Since we import so many things, those prices will go up and business will start charging more to offset the price rise...... |
#4
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Yep,
Also note that this is why OPEC is cutting oil production. Their price is benchmarked to the US dollar and they have stated that the dollar is sinking so they have to raise prices. Given time, you may see more radios manufactured in the USA. Of course, few in the US will be able to afford them since we will be the cheap labor of the world. Give it about 10 or 15 more years. Stay tuned to this one and see who blames whom for the mess that is likely to result. 73 from Rochester, NY Jim AA2QA "Mike Coslo" wrote in message ... N2EY wrote: In article , Mike Coslo writes: Just got a AES flyer today. Prices are going to be going up in April. Inflation starts anew! Mike, Is it really inflation, or perhaps changes in the exchange rate with Japan? The exchange rate is what is going to kick-start inflation. since the dollar has been falling against other currencies recently, the other countries either have to raise their prices, or keep them the same, which is actually a price cut due to the exchange rate. Since we import so many things, those prices will go up and business will start charging more to offset the price rise...... --- Outgoing mail is certified Virus Free. Checked by AVG anti-virus system (http://www.grisoft.com). Version: 6.0.605 / Virus Database: 385 - Release Date: 3/1/04 |
#5
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Mike Coslo wrote in message ...
N2EY wrote: In article , Mike Coslo writes: Just got a AES flyer today. Prices are going to be going up in April. Inflation starts anew! Mike, Is it really inflation, or perhaps changes in the exchange rate with Japan? The exchange rate is what is going to kick-start inflation. since the dollar has been falling against other currencies recently, the other countries either have to raise their prices, or keep them the same, which is actually a price cut due to the exchange rate. Since we import so many things, those prices will go up and business will start charging more to offset the price rise...... Makes ya wonder who REALLY won the war, doesn't it...?!?! 73 Steve, K4YZ |
#6
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![]() "Mike Coslo" wrote in message ... N2EY wrote: In article , Mike Coslo writes: Just got a AES flyer today. Prices are going to be going up in April. Inflation starts anew! Mike, Is it really inflation, or perhaps changes in the exchange rate with Japan? The exchange rate is what is going to kick-start inflation. since the dollar has been falling against other currencies recently, the other countries either have to raise their prices, or keep them the same, which is actually a price cut due to the exchange rate. Since we import so many things, those prices will go up and business will start charging more to offset the price rise...... And if we get lucky it will perhaps cause some of that business to return to the US over time. Dee D. Flint, N8UZE |
#7
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In article , "Dee D. Flint"
writes: And if we get lucky it will perhaps cause some of that business to return to the US over time. I wouldn't count on it, Dee. Unless the American people get a lot more choosy about what they buy. The Bush Administration is so desperate for good numbers that last week they seriously investigated the possibility of redefining the work of hamburger assembly. IOW, they asked why jobs at Burger Meister couldn't be classified as "manufacturing". Whether it's a Big Mojo Burger or a minivan, it's assembly, isn't it? "No Millionaire Left Behind" 73 de Jim, N2EY |
#8
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![]() "N2EY" wrote in message ... In article , "Dee D. Flint" writes: And if we get lucky it will perhaps cause some of that business to return to the US over time. I wouldn't count on it, Dee. Unless the American people get a lot more choosy about what they buy. The Bush Administration is so desperate for good numbers that last week they seriously investigated the possibility of redefining the work of hamburger assembly. IOW, they asked why jobs at Burger Meister couldn't be classified as "manufacturing". Whether it's a Big Mojo Burger or a minivan, it's assembly, isn't it? "No Millionaire Left Behind" The reality of things economic is that, like it or not, we are in a global economy and that isn't going to change. The drastic reduction in costs of shipping (both importing and exporting goods) as well as similar reductions for communications makes it cheaper to manufacture and even provide certain service functions off-shore. That isn't going to change in the short run. In the long run, those currently cheap off shore labor markets will self adjust upwards. In the short run, US labor has their head in the sand if they think there's something either party (Dems or Reps) can really do to stem the shift of manufacturing jobs overseas. The same thing is going on in Europe. In the long run, employees must be constantly reevaluating their job skills and looking at the prospect of how vulnerable their job may be as to their job being farmed out to off shore labor. Cheers, Bill K2UNK |
#9
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N2EY wrote:
In article , "Dee D. Flint" writes: And if we get lucky it will perhaps cause some of that business to return to the US over time. I wouldn't count on it, Dee. Unless the American people get a lot more choosy about what they buy. The Bush Administration is so desperate for good numbers that last week they seriously investigated the possibility of redefining the work of hamburger assembly. IOW, they asked why jobs at Burger Meister couldn't be classified as "manufacturing". Whether it's a Big Mojo Burger or a minivan, it's assembly, isn't it? http://www.connpost.com/Stories/0,14...987510,00.html It's worth a read! - Mike KB3EIA - |
#10
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Dee D. Flint wrote:
"Mike Coslo" wrote in message ... N2EY wrote: In article , Mike Coslo writes: Just got a AES flyer today. Prices are going to be going up in April. Inflation starts anew! Mike, Is it really inflation, or perhaps changes in the exchange rate with Japan? The exchange rate is what is going to kick-start inflation. since the dollar has been falling against other currencies recently, the other countries either have to raise their prices, or keep them the same, which is actually a price cut due to the exchange rate. Since we import so many things, those prices will go up and business will start charging more to offset the price rise...... And if we get lucky it will perhaps cause some of that business to return to the US over time. I would sure hope so. I fear for our country as we send our manufacturing and skilled jobs overseas, and retain our burger flippers and money shuffling jobs here. No disrespect towards burger flipping - it's just that that is more and more becoming one of the choices for people trained in other fields. - Mike KB3EIA - |
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