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A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
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Priced Out
Americans are going to be priced out of consumption. With price inflation Americans simply wont have the money to consume anything including food and housing. That is how the American standard of living is going to drop. With that mfg's will have to drop prices to sell anything, and will cut back on production to better match demand. The economy then begins to stall.
Americans for decades ate tbeir hamburgers on credit..and now have to pay for them..forgoing eating hamburgers anymore because that can not afford tbem anymore. Da end
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"Some Observer"
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