Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
it's all value-added now in the first world, tweaked to commodification. raw materials are getting more expensive, sure but it's the chain reaction on legions of middlemen jacking up their prices, genteely known as passing on costs to the customer, that really amplifies inflation.
new services are being dreamed up everyday to invent new markets, like new diseases being dreamt up to justify peddling more pharma to gulled idiots.

'The history of public debt is full of irony. It rarely follows our ideas of order and justice.' Thomas Piketty
by melo (melometa4(at)gmail.com) on Tue Jul 31st, 2012 at 09:31:50 AM EST
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