Quote:
Originally Posted by biker1
I think you are confused. Prices have not stopped going up, as you claim. The rate of increase has slowed.
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Gas at Sam's has gone DOWN to $ 2.77 per gallon. When people talk about "Prices" you have to keep in mind there are short term prices and long term prices. Obviously, long term - prices are going to go UP. Just like my example of buying a well running used car for $ 60 when I was 18 years old. But, short term, like one or two years, prices can go DOWN. The FED saw that prices had stopped going up, so they dropped the prime rate down 1/2 of a %.