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Old 01-01-2011, 11:28 AM
Craig
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The cost of imported beer isn't due to inflation, it's due to the weaker dollar. That is not the same thing. I agree that the dollar is weak and that increases the price of imported goods. Some would argue that a weaker dollar actually helps the trade deficit because it makes US products more attractive (that is why china artificially keeps its currency devalued). Again; the current risk is deflation, not inflation.

Frankly, unless you are sitting on a bunch of cash inflation shouldn't be a concern.
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