Thursday, March 6, 2008
Uncharted Waters
While watching CNBC this morning, one of the commentators made the statement that the dollar is in "Uncharted Waters" right now. Inflation is on the rise, and the dollar has fallen to a level that has never been seen in this country. Prices for gas, food, and other goods are on the rise... However, once we get through this crisis, how much will those prices fall?
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1 comment:
I don't think prices will fall back much... even when the oil price/barrel dropped back to 60-70, the prices hovered around $3 around most of the country
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