JCINTEXAS
Posts: 380
Joined: 3/23/2007 From: Smithville,
TX, USA Status: offline
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Zippi quote: "Has anyone noticed the prices for ARF's at TH going through the roof ??? " ________________________________________________________ I predicted this a couple of months ago in a post to the RCU Forum. What's actually happening is the US Dollar is being devalued. Consumers perceive this as "increased prices". The Federal Reserve (which is not a government agency) has dropped interest rates and pumped hundreds of billions more dollars into the "money supply" in order to prop-up the financial markets and big mortgage lenders. So there are a lot more dollars chasing the available goods and services which results in higher prices. Imagine you have an ARF model manufacturing business in China. Every month you see the US Dollar losing its purchasing power. So you are, in effect' receiving less and less for the ARFs you are selling to US companies. What do you do about this? You raise your prices to compensate for the cheaper dollars. It's the very same thing with OPEC. No matter what you hear in the news, there is plenty of oil supply. The main reason oil prices are skyrocketing, is because the FED has inflated the money supply and therfore lowered the value of the dollar. Here's the bottom line: If you are thinking of buying an ARF, a radio made in Japan...or anything made in a foreign country...you should buy it now. Buy it as soon as possible. The prices are going to continue skyrocketing. In a year or two, we will look back on now as the "good old days". Regards to All JC
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