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User Info Wal-Mart CEO: Serous Inflation Coming in forum [Consumer]
Mayorquimby
Posts: 13909
Incept: 2008-09-18
Green
The Archaic Past
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http://www.usatoday.com/money/industries....

Quote:
The world's largest retailer is working with suppliers to minimize the effect of cost increases and believes its low-cost business model will position it better than its competitors.
Still, inflation is "going to be serious," Wal-Mart U.S. CEO Bill Simon said during a meeting with USA TODAY's editorial board.

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They who wish to hurt you, work within the law.
- Morrissey

Gold is theft.
Txin1880
Posts: 4737
Incept: 2009-02-25
Green A True American Patriot!
Texas
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Inflation calls increasing including now a Fed guy, how long will Ben pretend?

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Realization - Rage - Resolve - Rifles - Rope - Recovery - Rinse - Repeat
Gamma
Posts: 5576
Incept: 2008-01-20
Gold
Northern CA
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He was talking about some SERIOUS price increases. Budget-busting, seriously painful price increases.

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This stuff we're going through, this is nothing compared to the Middle Ages.
They told me if I voted for John McCain, an idiot would be a heartbeat away from the presidency. Sure enough...
Asimov
Posts: 104036
Incept: 2007-08-26
Gold
East Tennessee Eastern Time
Online
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Exactly.

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It's justifiably immoral to deal morally with an immoral entity.
If you trade based on what other people say, you will lose money. Especially what I say. I won't be held responsible. Festina lente.
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