Quote:
Originally Posted by wig
Please, please, please tell me... when will this hyper-inflation hit that you speak of?
Can I have a date? I keep hearing this and all I see is anemic inflation. They can barely keep any.
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It's already started. In my plastics company we fill a silo every three days of raw polyethylene. That's 40,000 pounds. In the last 6 months it's gone from .76 per pound to 1.01 a pound. There is already another announced 6 cent increase from Exxon for August.
Steel prices have increased almost as much.