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July sales drop shows retail pressure continues
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Topic: July sales drop shows retail pressure continues (Read 391 times)
Letsbereal
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July sales drop shows retail pressure continues
«
on:
August 07, 2009, 06:00:42 PM »
July sales drop shows retail pressure continues
http://tinyurl.com/m7w4sx
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->>>|:-) THE CITY INDIANS (-:|<<<-
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9/11 WAS AN INSIDE JOB! www.ae911truth.org
Re: July sales drop shows retail pressure continues
«
Reply #1 on:
August 07, 2009, 06:09:31 PM »
Quote from: Letsbereal on August 07, 2009, 06:00:42 PM
July sales drop shows retail pressure continues
http://tinyurl.com/m7w4sx
That's why predictions of runaway hyperinflation may be overblown, since the Fed's inflationary injection of all this new debt-money is obviously being offset to a significant degree by both a deflationary drop in consumer spending (decreased money velocity) and a deflationary wave of bankruptcies and foreclosures (decreased collateral backing).
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"Abolish all taxation save that upon land values." -- Henry George
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