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As costs rise, inflation’s next front is retailers
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ELLEN SIMON
Associated Press
July 26, 2008
NEW YORK (AP) — Coming to a store near you: Even higher prices. Most inflation this year has come from food and fuel, as retailers resisted passing along to strapped consumers the higher prices manufacturers charged them, but coming increases from companies such as Johnson & Johnson and Hasbro Inc. may leave them with no choice.
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“While these increases have not for the most part been passed on at the retail level, it is inevitable that they will be at some point,” said Dean Baker, co-director of the Center for Economic and Policy Research. “Car dealers and other retailers cannot continue to absorb rising costs at the wholesale level and not pass some of these increases on to consumers.”
Sherwin Williams Co. on July 17 announced its third price increase in eight months. The company has been having “difficult discussions” with retailers, Chris Connor, chairman and CEO, said on its quarterly conference call.
The price increases are “well supported with facts in terms of why the company needs them,” he said. “Our customers, to the best of their ability, are passing them on.”
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July 27th, 2008 at 3:35 pm
It’s time to head for the hills me thinks. Become self sufficient and don’t depend on the MAN.
July 27th, 2008 at 3:59 pm
@ Stuvin- yeah it’s getting nearer to that Point, I’m affraid.
I hope more become are becoming aware of the outright betrayals they’re surrcoming too. realisation is gonna be a sad state of affairs for many out there…….Sadly!
But we MUST endeavor to pursivere. Continue to teach and preserve the maintanance of Liberty!
The Power will always lye within the people thelselves!
3%
July 27th, 2008 at 5:06 pm
Buy canned food and gold plus….
Beat the international bankers at their own game…….
http://www.becomericher.info
July 27th, 2008 at 6:30 pm
I only have 5 ounces of gold and 300 ounces of silver I dont think it is going to be enough
July 27th, 2008 at 9:20 pm
I dont need no gold or silver, I have a ton of cooper,and lead.
July 27th, 2008 at 10:21 pm
Learn to grow food. It’s pretty easy. I started my first garden in May. I now have a pepper plant, sunflowers, two types of squash and a lemon tree. The carrots and tomatoes didn’t make it, but it’s still good practice, and fun also.
July 27th, 2008 at 11:23 pm
One step at a time. It won’t be long now. I reckon buying seeds would be a good start, since I don’t have a place to grow right now. I can always eat the nieghbors cat and dog, I hear they don’t taste that bad. I remember when San Fran passed a law against eating peoples pets. I hear horse is good too. Anything with four legs will be game.
July 28th, 2008 at 1:33 am
listen, i am growing my own food and i dont know squat about it.. now is the time to learn how to grow.. you dont just drop seeds in dirt there is alot more involved.. like learning to compost… compost becomes potting soil … it took me 1 yr to learn just how to properly compost to get the correct soil for growing food.. so if your’re gonna start growing food you better start now… if you find yourself starving you might just eat the seeds you got. If you live in a apartment with no yard.. move the hell out to some place with one! You hurt the NWO when you become as self sufficient as possible.. and in reality why should you depend on greedy corporations for everything you consume??
Anyway, its not as easy as you think to become self sufficient. I have solar and am still gaining experience in growing food and it hasnt been a easy task at all.
July 28th, 2008 at 6:41 am
If you have a house, make a vegetable garden as some have said. I cannot afford a house and am in an apartment (as I’m on disability for a mental illness).
Just do what you can do and don’t worry beyond that. You have to trust in God at some point (if you are a Christian). You can’t totally trust in yourself, because you can never always be totally self-sufficient, but you can do your best and not worry.
All these things – economic meltdown, soaring food prices, strange and violent weather, etc. are all prophesied in your Bible if you care to look into it.
July 28th, 2008 at 9:19 am
As for growing food… A lot depends on where you live. I grew up in Arkansas and it’s fairly easy to get certain food to grow. Tomatoes, squash, okra, cucumbers, peppers, string beans, stuff like that grows hard and fast with a little prep and TLC. Of course without modern pesticides and fertilizer a person will need to be even more diligent, putting forth more effort. I agree about the seeds though. GET THEM NOW! They may become very difficult to acquire later on. Grow now and can. Learning to can is easy but vital. Properly canned goods can easily last for more than 10 years. Canning can also be fun. It’s part of my heritage and some of my fondest memories are canning with dad and grandma (and great-grandma!) Dudes, you can mass produce snap beans (string beans) and can them. You will get sick of eating them, but they grow like crazy. Any idiot can grow beans!
I put up a 6 foot privacy fence to protect my garden from prying eyes. It won’t keep people out, but it might hide my groceries when times get tough. I’m at the top of the hill so it’s impossible to see inside from a casual glance. 10,000 square feet fenced in and my deck overlooks it all. My dogs sit out there and keep watch!
Rice and popcorn keep for long periods. Popcorn is easy to make. Right now I’m using corn oil, but in the old days we popped with bacon grease. Trust me – it’s yummy! If you can, get some pigs. They are absolutely the best investment for food. They do root (sp?) so it’s not something a city person can keep. Goats are also excellent. Once you get a milk goat producing, she’ll keep giving as long as you feed her. I’d have to say goats are right up there with pigs. Cows need too much grazing land and are easy for scumbags to cull. Pigs and goats can be kept close to the house. Oh, and chickens! Chickens are easy. Just keep them away from stray dogs, foxes, coyotes, etc.
Hey, you all move down here to the Southern states. We’d love to have you infowarriors down here. We can help one another survive. I’ve already made numerous friends and connections with Infowars people here in my community. Thank God that Alex’s message is so well disseminated. Many of us hicks are up on things. God bless you guys.
July 28th, 2008 at 1:12 pm
Hey Arkansas!!! I need to talk to you about ARK!
please contact me at hoodoogirlkm at yahoo dot com
July 28th, 2008 at 4:58 pm
Hey wait–inflation is only 3% right? NOT.
July 28th, 2008 at 6:52 pm
Any one know where in Latin America one should move too? Seems our country is falling apart BIG time.
thank you