Gap, Wal-Mart Clothing Costs Rise on `Terrifying' Cotton Prices

Discussion in 'Economics' started by MKTrader, Nov 17, 2010.

  1. Along with the rise in gasoline prices and various commodities the important point is at least we don't have inflation. [sarcasm].
     
  2. Just let me "think" : higher input prices lead to higher output prices, which in turn leads to higher calculatory costs. In order to remain as profitable as before companies will :

    a) increase employees salaries ? Hum - no.
    b) hire more employees ? Hum - no.
    c) influence on Washington policy makers to fire Ben Bernanke as FED chairman ? Yes, highly appreciated.
     
  3. Never fear. "Core" CPI, which excludes those pesky food and energy costs (and makes many other adjustments), came in at 0.0% last month.

    What a joke.
     
  4. That's because the price for printer ink and the cost/GB of spinner drive data storage offsets it all.
     
  5. Stop buying any clothes until the ones you have fall apart completely. That is what I am doing. Let's see much Wal-mart can raise its prices.