Oil breached the $113 barrier today and there are no signs of it letting up. Food prices are spiraling across the globe, inflation is rising and consumer goods are on a downhill slide.
Read more...This article is fairly long, but well worth it. Prices for everything are going up, and most people are barely able to keep up, if they haven't lost their home (literally) already.
Read more...The rising food and energy prices are driving up the cost of living. Even safe investments are actually not so "safe" anymore.
Read more...The pound has fallen a record low against the euro after the Bank of England revealed it considered cutting interest rates further to stave off inflation
Read more...I listened to this recent NPR report on the price of pocorn. Movie theater owners are seeing an increase of 50% in 2008 because of rising fertilizer and fuel costs.
Read more...Warren Buffett predicts that the value of the dollar will begin to fall in [url=http://money.cnn.com/2009/05/02/news/newsmakers/warren_buffett.fortune/index.htm?section=money_mostpopular]this article
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