- Wholesale prices have gone up - 2 Updates
| 21blackswan@gmail.com: Feb 15 06:53PM -0800 > > https://www.bloomberg.com/news/articles/2017-02-14/wholesale-prices-in-u-s-increase-by-most-since-september-2012 > Inflation? Oh my. Sure, it would help people who have mortgages and student loans, but for Nelson Moneybags who sleeps on a huge mattress full of money, this could be bad news. We must keep inflation in check to protect the wealthy and those born wealthy. > Good thing Mr. Trump is on it. A simple 20% tax on goods coming from Mexico will surely help things. doesn't a 20% tax on something coming in from anywhere result in xx% higher prices? marc |
| The Real Bev <bashley101@gmail.com>: Feb 15 08:07PM -0800 >> gggg...@gmail.com wrote: >>> https://www.bloomberg.com/news/articles/2017-02-14/wholesale-prices-in-u-s-increase-by-most-since-september-2012 >>> Inflation? Oh my. Sure, it would help people who have mortgages and student loans, but for Nelson Moneybags who sleeps on a huge mattress full of money, this could be bad news. We must keep inflation in check to protect the wealthy and those born wealthy. >> from Mexico will surely help things. > doesn't a 20% tax on something coming in from anywhere result in xx% > higher prices? Unless the price of the peso drops by whatever the appropriate amount is. A couple of months they were ~14/$. Now it's ~20/$. -- Cheers, Bev "Usenet is like a herd of performing elephants with diarrhea: massive, difficult to redirect, awe-inspiring, entertaining, and a source of mind-boggling amounts of excrement when you least expect it." --Gene Spafford (1992) |
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