$5 Is The New $1
Jeffrey C. Borneman | August 23, 2014
The rapid rise in Inflation is not a new story to investors or consumers but my friend Charles Hugh Smith's piece below is an interesting perspective which I suggest you read. Presented without further comment:
We are constantly reassured that inflation near-zero--2% annually or less. On the ground, it seems that stuff manufactured in the global supply chain is still relatively cheap, as are energy and food, at least compared to what they cost elsewhere or could cost if supply chains get disrupted.
Read the Original Article
By: CH Smith of Oftwominds Article Date: 2014-08-23