Sunday, September 19, 2010

consumer prices rise


This just in. US consumer prices rise. This is not a good sign. First inflation is bad for us. Second it makes the poor poorer. Actually, this is because there is a decrease in wages. Workers are force to take cuts in pay. Sadly, many cannot afford gas. Others have to cut power use.

Electricity prices are going up. This is a problem for us. China is world's biggest coal consumer. They are now growing. Hey, guess what, we get most of our electricity from coal, and not natural gas.

This rise will push up other prices. Well, soon you and every one else will see.

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