Will inflation be next and what does it mean?

[moneysense]

With the feds flooding the market with cash, inflation will be our next obstacle. And the US isnt the only ones planning to do this, China, Japan, Switzerland, and Great Britian have also decided to do this.

While flooding the market with cash can cause economic growth and let borrowing resume, what does that do to our dollar? Doesnt that make each and every dollar worth less, and coupling that with higher prices, there may be more money floating around, but to what end?

The only good news is that Americans have survived depressions, recessions and will handle inflation too. But, how high will prices of groceries, gasoline, and, so forth go now? Only time will tell.

[Empty Wallet]

If groceries go much higher, we will not be able to afford every day things like toilet paper, milk, bread, cat and dog food...etc.

can you grow your own pet food??

[pennypinch]

Prices are already going up. I have noticed this especially where I work because we are constantly having to change the prices on items. (Its not our choice lol) The thing is, they are packaging the items with less product inside and still are raising the prices. I think things might get worse before they really get better. I guess I am pessimistic!

[moneysaver]

You know, I have been noticing that there is not as much in the packaging as before. I thought I was going crazy.

Nice to know that I am not as crazy as I thought I was. LOL!!! Don't help with the groceries tho.

[Empty Wallet]

Exactly, take a bag of chips or cereal, they are only half empty now! i am sure they want us to look at this as the bag is :Half Full!! lol

Its really not funny, but i need to laugh or i will go insane!