Wholesale prices have gone up

[gggg...@gmail.com]

https://www.bloomberg.com/news/articles/2017-02-14/wholesale-prices-in-u-s-increase-by-most-since-september-2012

[wilm...@gmail.com]

On Tuesday, February 14, 2017 at 7:26:52 AM UTC-8, gggg...@gmail.com wrote:
> https://www.bloomberg.com/news/articles/2017-02-14/wholesale-prices-in-u-s-increase-by-most-since-september-2012

Inflation? Oh my. Sure, it would help people who have mortgages and student loans, but for Nelson Moneybags who sleeps on a huge mattress full of money, this could be bad news. We must keep inflation in check to protect the wealthy and those born wealthy.

Good thing Mr. Trump is on it. A simple 20% tax on goods coming from Mexico will surely help things.

[21bla...@gmail.com]

doesn't a 20% tax on something coming in from anywhere result in xx% higher prices?

marc

[The Real Bev]

Unless the price of the peso drops by whatever the appropriate amount
is. A couple of months they were ~14/$. Now it's ~20/$.


--
Cheers, Bev
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