March 4th, 2008

Saving Imperatives

Damir Marusic

The inimitable Brad DeLong makes me think I won’t be buying speakers even after I get Bush’s package in my hand:

We’ve seen some quite remarkable movements in commodity markets the last two months…. Topping the group is wheat, up 46% over two months; I won’t try to translate that one into an annual inflation rate because I don’t want to scare you…

Luckily I’m eating less these days anyway.

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