Inflation Warning .. Again!

Food Prices:
Food Price Watch: Food prices have risen by 15% in the four months between October 2010 and January 2011. Food prices have gone up by 27% (on average) in the last 12 months alone!
Note: This is a world price average.

Clothing Prices:
Spring clothing will be at 10% higher cost than that of last year's prices. Last year was less than 3 months ago!

Gas Prices:
Gas prices continue to climb, with prices following a steady return towards the days of $4.00 a gallon. Expect that soon.. Gas prices for the Memorial Day weekend usually set the next year's levels. Summer gas prices are not far off at all.

Gold Prices (Forex):
Teetering around $1375 to $1400 (pm fix) $/oz

Cable Television Prices:
Just ridiculous, and climbing!

Taxes:
Less deductions, and 7 percent increases in local taxes expected again. This is of course based upon the fact that home value has decreased over the last year as well.

The Dollar:
Nearly worthless!

Your prospect for a raise this year:
Not likely!

How does this make you feel? Angry?

Egypt was just the beginning of what is happening all over the world. This was a warning that should not be ignored.

There is rumor that Egypt's former leader, Mubarak, has dropped into a coma, just three days after stepping down from office.

Expect more unrest in the coming days, weeks and months as the money goes... somewhere??? The real question is... where??? Can someone please find out and let us know.. real soon...

UPDATE: Feb 16, 2011..
Unrest has spread throughout the Middle East as predicted. This is all following the fallout of the Egyptian crisis and mostly related to the cost of living. When people cannot live on what they are given, protest will ensue.

Make no mistake! These are cries for help which may end in war. Like our own Boston Tea Party, The Revolutionary War, The Civil War and all wars throughout time for that matter, this series of events may end peacefully, but none of them will be forgotten.




Posted on 16 Feb 2011, 11:40 - Category: Al's Top News
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Comments:

Posted on 8 Jun 2011, 24:07 by hiya
Hiya
Hi, it's too bad inflation is so high, I may need to cancel Christmas next year.
Yours,
Sad Santa
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