(chris-d) 07/24/2015 - 13:30

1 post / 0 new
KS
(chris-d) 07/24/2015 - 13:30

I agree and might add this in regards to the cost of living. In 2008 when crude oil hit $147 per barrel the price of tires more then doubled. The consensus was that the price increase was due to the oil price surge. Well now crude sells at $47 however the price of tires continues up. The same will be true with many natural resource consumer goods. The producer will be hammered with the middle men reaping the benefits. Wall Street has caused much of this as they have encouraged mergers/acquisitions, consolidation and vertical integration.