Brace yourself for more high inflation, Mervyn King tells George Osborne [1].
$4.00 Gasoline By The End Of 2010? [2]
Our friend Fred C. sent this: “Riceland brand rice in 50 pound bags at my local Sam’s Club in Arkansas was $13.95 in July. Then it jumped to $14.60 in late September. Last night I noticed that the pallet with Riceland rice bags on it had 25 pound bags instead of 50 pound bags, and they were priced at $8.95 each. (The equivalent of $17.90 per 50 pounds.)
Gap, Wal-Mart Clothing Costs Rise on `Terrifying’ Cotton Prices [3]