Friday, 26 July 2013

Japanese kiss benefits of price stability goodbye: item by item, prices of consumer goods are going up, anywhere from soaring to creeping. On one end of the price increase spectrum are digital cameras (up 61%), TVs (up 33%), Windows 8 PCs (up 23%) from their lows of 2012, on stagnating sales volume! On the other end of the spectrum, leading dairy products maker Meiji announced that it would raise prices on 16 milk products by 1% to 4% on October 1. Raw-milk prices, negotiated between producers and buyers every fiscal year, will increase by ¥5 per kilogram at the same time. Meiji’s competitors are expected to match those price increases. Missing link in this equation: wage increases. But somebody has to pay for Abenomics.

(from Testosterone Pit)

Is this the future for all of us ?

5 comments:

  1. Hi CR,
    You know were Mikey25s site is?
    --katzo

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  2. Tora! x3 We're next.

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  3. Hi Katzo,no I don't but he did post a link at Danerics recently

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  4. It's my opinion that deez Bulltards get anihilated next week. Pilot pos Uvee TZA FAZ, full pos SPXU. hehe

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  5. For now, that is the future for us. As long as the central banks can order money to buy government debt the purchasing value of your money will decline. It is disgusting.

    johnfull

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