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<p>[QUOTE="InfleXion, post: 1100881, member: 29012"]OK one more before bed! First off, very well said. I agree, inflation is the story globally. A number of other countries are now upping their interest rates in part thanks to our impact as the global reserve currency, most of which are developing countries where inflation is a greater concern due to growth. The US has already done most of its expanding, so inflation is less of a concern here especially since most everybody else is printing money too. However I don't think that means it is not a concern by any means, just that we're ahead of the curve unfortunately at the expense of others which as you've stated will turn people away from the USD. I definitely have noticed prices going up with certain things, but I think supply and demand is also a strong factor, and I have been able to maintain a fairly static cost of living by becoming more of a bargain shopper and cutting out the frivolous things. For what I believe are these same reasons, some things haven't gone up at all. Some businesses have to cut profits to stay in business, but we can all only tighten our belts so tight before something has to give.[/QUOTE]</p><p><br /></p>
[QUOTE="InfleXion, post: 1100881, member: 29012"]OK one more before bed! First off, very well said. I agree, inflation is the story globally. A number of other countries are now upping their interest rates in part thanks to our impact as the global reserve currency, most of which are developing countries where inflation is a greater concern due to growth. The US has already done most of its expanding, so inflation is less of a concern here especially since most everybody else is printing money too. However I don't think that means it is not a concern by any means, just that we're ahead of the curve unfortunately at the expense of others which as you've stated will turn people away from the USD. I definitely have noticed prices going up with certain things, but I think supply and demand is also a strong factor, and I have been able to maintain a fairly static cost of living by becoming more of a bargain shopper and cutting out the frivolous things. For what I believe are these same reasons, some things haven't gone up at all. Some businesses have to cut profits to stay in business, but we can all only tighten our belts so tight before something has to give.[/QUOTE]
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