How much more inflation can people endure? (Obama, Somali, compared)
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lots of money is spent in non essentials. This keeps the economy going. People will eventually figure out what these non essentials are, finding out HBO, highest speed internet and starbucks are not actually required to have to live. At that point the economy will grind to a halt. Now even after cutting all that people cant afford things like gas, food and a little entertainment then there is going to be a great deal of social upheaval.
The only thing you are saying is that, they paid ~$9 for that flank steak....if you paid ~$22 prior....well...
I paid the $9, which is more or less the normal price. My point was that people will make decisions like that. Just like the auto companies trained us to wait for the rebates.
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