Quote:
Originally Posted by JMintzer
Inflation is "at an all time high"?
You must have missed the Carter years, when it hit 13.3%...
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High fossil fuel costs would kill any economy. They certainly do raise costs everywhere on almost everything across the board. In addition, continuing high prices on fossil fuels will solidify new price levels. Pray somehow the current administration finds a way to lower fuel costs. Without that key piece we will be placed on an economically parched projection for some time to come. Inflation will eat the poor and middle class alive.