Very short post. I just want to illustrate that the falling dollar and increasing prices of natural resources are not necessary inflationary:

Wal-Mart is cutting prices on 15,000 more items this week

Most of the items sold at WalMart are imported, and it is definitely paying the full gasoline bill to transport those items. Does it mean that the prices are bound to increase? No, the consumer doesn’t give a $hit about WalMart costs, what he wants is lower prices. And, as no retailer has a pricing power now, WalMart has to swallow all the costs. Lucky it can