No Jobs, No Money --> No Shit
Moneylenders and corporatists around the world are trying their darnedest to keep prices up - but they're fighting a losing battle...and that's a good thing because things won't get better for the average Joe until corporate industrialists start to hurt.
that's the beauty of the human economy. like it or not, those corporate parasites are tied to us workers by the umbilicus. If we have no jobs then we have no money to buy their shit.
and when we don't buy shit, the price of shit drops, putting hundreds of greedy corporations out of business.
Which is precisely what's happening as the economy grinds to a halt.
They may be able to cut our jobs unopposed by our so-called reps in congress. but neither they nor congress can force us to buy their dumb shit.
Consumer confidence, my ass.
The more Americans make do with less, the quicker these bastards drown in excess.
So, sit back and enjoy while retailers get buried in aisle after aisle of unwanted goods.
Pretty soon they'll be giving it away.
Don't forget, deflation is good!
The region's inflation rate in April was almost nil: Prices actually fell
slightly due to weak demand. Transportation saw the biggest drop.
BY SCOTT ANDRON MiamiHerald.com
Inflation was practically nonexistent in South Florida in April, according to statistics released Friday.
The Miami-Fort Lauderdale area's annualized inflation rate for April was -0.3 percent, meaning that prices actually fell slightly due to weak demand.
Prices were up about 0.1 percent in April compared to February, the last time the U.S. Bureau of Labor Statistics measured inflation here.
Transportation saw the largest drop, down 12.2 percent from this time last year. The reason: Gasoline cost upward of $3.80 a gallon in April 2008, compared to about $2.30 now, according to AAA. Apparel also was down sharply, 11.3 percent.
Categories that increased include miscellaneous goods and services (6.4 percent), medical care (5.5 percent), recreation (4.3 percent), food and beverages (3.7 percent)and housing (2.4 percent).
The BLS uses a byzantine system for calculating housing costs, and lately, it hasn't matched reality in South Florida.
The national annualized inflation rate was -0.7 percent in April, according to the BLS.
The bureau publishes national inflation figures, known as the Consumer Price Index, every month.
''The bottom line on the CPI is that inflation is not likely to become a problem in 2009,'' wrote Wachovia economist Mark Vitner in a commentary on the numbers Friday morning.
``The overall CPI is the lowest it has been in more than 50 years.''
Now, if only we can get rid of the credit economy. If everyone switched to a cash only payments, we can really make these bastards hurt.
Switch to cold hard cash and wrest control of our destinies out of their hands.