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What we will see is a significant rise in COL. Food, energy (electric rates nationwide are on the increase), medical, taxes.......housing, autos, all other retail goods will continue shrink / have shrunk in prices.

Credit card defaults are up and rising as to added further pressure to tighten credit even further.

I choose not to argue one's definitions and opinions....I just know what I am seeing. I also know, the goobermint is not telling what is really going on as they continually release massaged / deceptive information regarding the economy.