2012-09-07mybudget360.com

What is happening in our current economy can be described as stagflation. An underlying increase in the cost of goods becasue of weaker purchasing power and stagnant incomes. Yet this is a 2012 version. You have companies repackaging goods at the same price but lower quantity. We see this at the grocery store. You also have the cost of a gallon of gas up over 100% from 2005. At the same time things like health insurance and college tuition are in what appears to be a bubble


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