Buy Now or Pay More Later
I’m one of those guys that studies the economy, listens to all those so called experts and reads all those books. I was first in line on opening day to see the new “Wall Street…Money Never Sleeps” movie. Not as much fun as the first one but a worthy follow up.
I can tell you one thing for sure. Prices ARE going UP. The Government has told us that they want to see some inflation. They want it to inch up 1 % next year. You can not tinker with the economy and think you can control such a small bump. By the time it kicks in…BAM…it’s going to overshoot the 1% and end up much higher. QE 2 is the method to their madness. Dump more money into the system and destroy the value of our dollar. Guess what when the dollar goes down, commodities go up. Everything we use and consume are effected by the cost of commodities. Think gas, oil, metals, food, you get the idea.
Most of my suppliers and manufactures have already informed me of a 5% increase comming the first of the year. This is just the beginning. If the cost of oil goes any higher we are all going to see those fuel surcharges that became all to familar a few years ago. If you are not aware of it, there was a 1-3% fuel charge attached to most suppliers invoices when gas was up at $3 a gallon. Most retailers ate the cost because times were good. Don’t expect that to happen in this economy.
All in all you will be paying more for everything next year and in the years to follow. So if you have a need for office furniture or any other major purchase, do it now before the year is over and we all see that 5% bump.
Shop at www.ofonj.com or www.joedesk.com where you will always save money no matter what the economy is up to.
JOE DESK
