If bread is a metaphor for food, I agree. Being gluten
intolerant, I don’t eat bread. It doesn’t figure into
my food bill at all.
well shoot. looking back at the whole wrangle with southack, which he eventually seemed to give up. i said inflation, he said deflation.
It does seem that prices are more calm, if not lower, than during their jumpiness during the oil run-ups of the Bush years (and Bush was not to blame for them). Back then all were saying that energy was the lion’s share of these higher prices.
Now we have a huge borrow, a huge unleashing of heaven knows how many of the borrowed dollars, some busted bubbles. And a stock market that went frantic to go back up not long after Obama took the oath.
God knows. It’s like a ball of yarn that two cats are pulling at the opposite ends of. Prices may be equivocating just because nobody can guess what the Bummer will do next week.