About 6 months ago I predicted 2008's inflation at about 6.5% compared to the 4.2% from the prior year. I'm starting to wonder if I need to upgrade that target to something higher...
I woke this morning to hear that Dow Chemical is increasing prices by about 25%. This is a big company that (whether you know it or not) plays a central role in your style of life.
Link:
Dow Chemical raising prices by another 25 percent
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