Free Republic
Browse · Search
News/Activism
Topics · Post Article

You can count on Obama to doubledown on the Abenomics strategy.
1 posted on 06/03/2013 1:59:33 AM PDT by TexGrill
[ Post Reply | Private Reply | View Replies ]


To: TexGrill

bump


2 posted on 06/03/2013 2:14:53 AM PDT by GeronL (http://asspos.blogspot.com)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: TexGrill

Prices in Tokyo are up a bit. American pork is up about 15 to 20%, but is still much cheaper than the Japanese cuts. American beef is way up, but I almost never buy that. Chicken is stable because that is pretty much all domestic.

Fresh veggies are stable. Chinese frozen veggies and prepared foods are pretty much stable and low cost, but most consumers are leery about them these days. Rice is actually cheaper, but not by very much.

Bread is up about 10% across the board because of higher wheat prices.

I’m pretty philosophical about this. If Abenomics can get the economy moving again, it will be worth the slightly higher prices. Not really that hopeful, though.


3 posted on 06/03/2013 2:19:47 AM PDT by Ronin (Dumb, dependent and Democrat is no way to go through life - Rep. L. Gohmert, Tex)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: TexGrill

Japan imports virtually everything. Why they would think higher prices for those imports will help is beyond me.


9 posted on 06/03/2013 3:49:32 AM PDT by BfloGuy (Don't try to explain yourself to liberals; you're not the jackass-whisperer.)
[ Post Reply | Private Reply | To 1 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson