[quote=Arraya]So how have these price increases helped to support debt levels. Are they sustainable, meaning can consumers support increasing price levels or is it short lived. Without consumer price support increases it is meaningless and won’t last.
It’s feeling like late 2007 early 2008.[/quote]
There is definitely a “frothy” feel in the air, isn’t there?
Agree. Printing more debt to get us out of our problem of too much debt is a short-term solution that will end up costing us more and causing far more damage than if they had allowed deflation to take hold and fix the problem of too much debt and unrealistically high prices.
