Originally posted by nfotech
It's like how they can drop the gas prices by a quarter after raising them by 2-3 dollars and people say "wow, gas prices are down, whoopee!".
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Originally posted by poet1b
The biggest fear is deflation, where no one has any money to buy anything, prices drop like a rock, and investments become worthless. When this happens, a great many people who were rich become poor. If you have some money in a safe place, then you will find that money will go a long ways further than it did in the past. Those who have over leveraged themselves will loose everything.

Originally posted by nfotech
Fox news reported sales of safes are going through the roof. That indicates people are preparing to store cash, gold /silver / misc metals and valuables and if they haven't made a bank run yet they will be....

As others have pointed out, oil prices are dropping but gas prices not only seem to be holding steady but the post Ike shortages have given way to longer and unexplained shortages.

Retailers have been running low on stock here, (grocers and grocery wholesalers, especially the larger ones like Wal-mart, Sams). You can bet they will know when to stop ordering full stock or when to short stock in order to take advantage of "inflation".

Alex Jones isn't my personal favorite source but he made some good points on his Oct 6th show. When the welfare checks stop coming or no longer cover the cost of food there is no telling what kind of chaos might ensue.

My wife is one of those people you would describe as "willingly ignorant", she just doesn't want to believe even though I've been proven right for years now. I've made progress, even brought her around to supporting Ron Paul's campaign. She knows the govt is corrupt and even took the correct position on the bailout with no input from me. She just can't make that leap to believing in the larger conspiracy and the future plans for the NAU, NWO and so on.

The problem is that she doesn't want to prepare. She still believes a hyper inflationary depression can't and won't happen and that basic food prices might become completely unreal. I told her to research past currency collapses - maybe she'll work it in between her TV shows...

Anyway, sorry for the side trip but my point is there are a lot of people out there who range from no clue at all to having the data but just not wanting to compute it. On the bright side, if everyone went into preparation mode the full on bank panic would be underway (if it doesn't go into turbo drive today, which I fear it might) and long term supplies, weapons and ammunition would be rare and expensive in a hurry.

Thank God I talked her into making a trip to the gun store to pick up a semi auto rifle, a hunting rifle and scope, shotgun and a few hand guns. I pray we won't need them but it's better to have them and not need them than to need them and not have them....

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